Essent Group (NYSE:ESNT) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Royal Bank of Canada raised its price target for Essent Group (NYSE:ESNT) from $68 to $75, maintaining a "sector perform" rating and suggesting a nearly 10% upside. This comes despite Essent Group shares falling 0.8% recently, with the company reporting strong quarterly earnings and revenue. Institutional investors hold a significant portion of the stock, though insiders have sold shares worth approximately $2.59 million in the last 90 days.