Genworth Financial Inc (GNW) : 6 analysts are covering Genworth Financial Inc (GNW) and their average rating on the stock is 2.83, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Genworth Financial Inc (GNW) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 5, which recommends a Strong Sell affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Genworth Financial Inc (GNW) : The highest short term price target forecast on Genworth Financial Inc (GNW) is $8 and the lowest target price is $2. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $5.42 with a standard deviation of $2.13.
Genworth Financial Inc (NYSE:GNW): The stock opened at $2.38 on Wednesday but the bulls could not build on the opening and the stock topped out at $2.38 for the day. The stock traded down to $2.26 during the day, due to lack of any buying support eventually closed down at $2.35 with a loss of -1.26% for the day. The stock had closed at $2.38 on the previous day. The total traded volume was 11,465,755 shares.
The company shares have dropped -66.99% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $7.90 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $3.29 and the 200 Day Moving Average price is recorded at $2.94.
Genworth Financial, Inc. is engaged in providing the insurance, retirement and homeownership needs of its customers. The Company operates through three divisions: U.S. Life Insurance, Global Mortgage Insurance and Corporate and Other. The Company operates in segments: U.S. Life Insurance, in which it offers and manages a variety of insurance and fixed annuity products in the United States; International Mortgage Insurance, in which it provides mortgage insurance products and related services in Canada and Australia, and also in select European and other countries; U.S. Mortgage Insurance, in which it offers mortgage insurance products predominantly insuring prime-based, individually underwritten residential mortgage loans; International Protection, in which it provides payment protection coverages, and Runoff, which includes the results of non-strategic products, which are no longer actively sold.