Analyst Rating Update on Genworth Financial Inc (GNW)

Genworth Financial Inc (GNW) has an average broker rating of 3, which is interpreted as a Hold, as rated by 5 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Genworth Financial Inc (GNW) : 5 Wall Street analysts covering Genworth Financial Inc (GNW) believe that the average level the stock could reach for the short term is $5.3. The maximum price target given is $8 and the minimum target for short term is around $2, hence the standard deviation is calculated at $2.35.

Company shares have received an average consensus rating of Hold for the current week


Genworth Financial Inc (NYSE:GNW): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $3.43 and $3.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $3.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $3.51, notching a gain of 27.64% for the day. The total traded volume was 34,180,628 . The stock had closed at $2.75 on the previous day.

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.

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