Genworth Financial Inc (NYSE:GNW) : The highest short term price target forecast on Genworth Financial Inc (NYSE: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.
Other Equity analysts have also commented on the company shares. Equity Analysts at the UBS maintains the rating on Genworth Financial Inc (NYSE:GNW). The brokerage firm has issued a Sell rating on the shares. The Analysts at the ratings agency lowers the price target from $2.25 per share to $1.75 per share. The rating by the firm was issued on February 9, 2016.
Genworth Financial Inc (NYSE:GNW): stock turned positive on Thursday. Though the stock opened at $3.27, the bulls momentum made the stock top out at $3.39 level for the day. The stock recorded a low of $3.26 and closed the trading day at $3.36, in the green by 4.02%. The total traded volume for the day was 5,446,208. The stock had closed at $3.23 in the previous days trading.
The company shares have dropped -58.54% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $8.01 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $3.54 and the 200 Day Moving Average price is recorded at $3.02. On the companys insider trading activities, Mcinerney Thomas J, CEO of Genworth Financial Inc had purchased 30,000 shares on August 31, 2015 in a transaction. The price per share was $5.21 and the total amount of the disclosed transaction was $156,300.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
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.