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Genworth Financial Inc (NYSE:GNW) target price increased to $5.50, issued a report today by Zacks Investment Research

In a statement issued on 10/3/2016 Zacks Investment Research upped the price target of Genworth Financial Inc (NYSE:GNW) to $5.50 stating a potential upside of 0.11%.

Boasting a price of $4.97, Genworth Financial Inc (NYSE:GNW) traded 0.20% higher on the day. With the last stock price close up 42.89% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Genworth Financial Inc has recorded a 50-day average of $4.60 and a two hundred day average of $3.48. Volume of trade was down over the average, with 7,209,591 shares of GNW changing hands under the typical 8,091,400

Performance Chart

Genworth Financial Inc (NYSE:GNW)

With a total market value of $0, Genworth Financial Inc has with a one year low of $1.57 and a one year high of $5.75 .

A total of 8 equity analysts have released a ratings update on GNW. Two equity analysts rating the company a strong buy, one equity analyst rating the company a buy, seven equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $3.66.

Brief Synopsis 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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