This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Financial Companies: Bread Financial Holdings (BFH), Kinsale Capital Group (KNSL) and Chemung Financial (CHMG)

Tipranks - Sat Oct 24, 5:36AM CDT

Analysts fell to the sidelines weighing in on Bread Financial Holdings (BFH), Kinsale Capital Group (KNSL) and Chemung Financial (CHMG) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Bread Financial Holdings (BFH)

Morgan Stanley analyst Jeffrey Adelson maintained a Hold rating on Bread Financial Holdings yesterday and set a price target of $107.00. The company’s shares closed last Thursday at $102.45.

According to TipRanks.com, Adelson has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -9.1% and a 37.3% success rate. Adelson covers the Financial sector, focusing on stocks such as Capital One Financial, Synchrony Financial, and American Express.

Bread Financial Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $118.82, an 11.6% upside from current levels. In a report released yesterday, TipRanks – Anthropic also downgraded the stock to Hold with a $118.00 price target.

See today’s best-performing stocks on TipRanks >>

Kinsale Capital Group (KNSL)

In a report released yesterday, Bob Huang from Morgan Stanley maintained a Hold rating on Kinsale Capital Group, with a price target of $350.00. The company’s shares closed last Thursday at $390.64.

According to TipRanks.com, Huang is a 2-star analyst with an average return of 0.0% and a 55.0% success rate. Huang covers the Financial sector, focusing on stocks such as Hamilton Insurance Group, Ltd. Class B, Bowhead Specialty Holdings Inc., and American International Group.

Currently, the analyst consensus on Kinsale Capital Group is a Hold with an average price target of $351.29, a -7.2% downside from current levels. In a report issued on October 7, Cantor Fitzgerald also maintained a Hold rating on the stock with a $264.00 price target.

Chemung Financial (CHMG)

D.A. Davidson analyst Jake Civiello maintained a Hold rating on Chemung Financial yesterday and set a price target of $95.00. The company’s shares closed last Thursday at $83.23.

According to TipRanks.com, Civiello is a 4-star analyst with an average return of 10.3% and a 69.8% success rate. Civiello covers the Financial sector, focusing on stocks such as Burke & Herbert Bank & Company, Provident Financial Services, and Eagle Financial Services.

Chemung Financial has an analyst consensus of Hold, with a price target consensus of $87.67.

Read More on BFH:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.