Genworth Financial Stock Rating Upgraded by Scotiabank (GNW)
A number of other analysts have also recently weighed in on GNW. Analysts at Zacks reiterated a neutral rating on shares of Genworth Financial in a research note to investors on Thursday, February 7th. They now have a $9.25 price target on the stock. Finally, analysts at Credit Suisse downgraded shares of Genworth Financial from a neutral rating to an underperform rating in a research note to investors on Tuesday, January 8th. They now have a $7.00 price target on the stock, up previously from $6.00. They noted that the move was a valuation call.
Four equities research analysts have rated the stock with a buy rating, one has assigned an overweight rating, seven have given a hold rating, and one has issued a sell rating to the stock. The stock presently has a consensus rating of overweight and an average target price of $9.44.
Genworth Financial traded up 0.57% on Monday, hitting $10.52. Genworth Financial has a 52-week low of $4.06 and a 52-week high of $10.74. The stock’s 50-day moving average is currently $9.13. The company has a market cap of $5.183 billion and a price-to-earnings ratio of 16.09.
Genworth Financial, Inc. (Genworth) is a financial security company dedicated to providing insurance, wealth management, investment and financial solutions to more than 15 million customers, with a presence in more than 25 countries.
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