A statement released earlier today by BTIG Research about Genworth Financial Inc (NYSE:GNW) bumps down the target price to $1.57
- Updated: October 9, 2016
BTIG Research dropped the price target of Genworth Financial Inc (NYSE:GNW) to $1.57 reporting a possible downside of -0.69%.
Previously on 10/03/2016, Zacks Investment Research released a statement about Genworth Financial Inc (NYSE:GNW) increased the target price from $0.00 to $5.50. At the time, this indicated a possible upside of 0.11%.
Just yesterday Genworth Financial Inc (NYSE:GNW) traded -0.39% lower at $5.05. Genworth Financial Inc’s 50-day moving average is $4.79 and its 200-day moving average is $3.55. The last stock price is up 43.49% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 7,198,549 shares of GNW traded hands, down from an average trading volume of 7,924,380
Recent Performance Chart
Genworth Financial Inc has 52 week low of $1.57 and a 52 week high of $5.54 and has a market capitalization of $0.
In addition to BTIG Research reporting its stock price target, a total of 8 firms have reported on the stock. The consensus target price is $3.66 with 2 firms rating the stock a strong buy, 1 firm rating the stock a buy, 7 firms rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Genworth Financial Inc (NYSE:GNW)
Genworth Financial, Inc. provides mortgage insurance products. The Company operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance and Runoff. Its U.S. Mortgage Insurance offers mortgage insurance products insuring prime-based, individually underwritten residential mortgage loans in the United States. Its Canada Mortgage Insurance segment offers flow mortgage insurance and also provides bulk mortgage insurance that aids in the sale of mortgages to the capital markets and helps lenders manage capital and risk in Canada. Its Australia Mortgage Insurance segment offers flow mortgage insurance and provides bulk mortgage insurance in Australia. Its U.S. Life Insurance offers long-term care insurance products in the United States. Its Runoff segment includes the results of non-strategic products, which are no longer sold.
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