Symetra Financial Corp. Given New $19.00 Price Target at UBS AG (SYA)
Research analysts at UBS AG boosted their price target on shares of Symetra Financial Corp. (NYSE:SYA) from $18.00 to $19.00 in a report released on Monday, American Banking News.com reports. The firm currently has a “neutral” rating on the stock. UBS AG’s price objective would indicate a potential upside of 2.15% from the stock’s previous close.
Shares of Symetra Financial Corp. (NYSE:SYA) traded down 0.65% on Monday, hitting $18.48. The stock had a trading volume of 116,435 shares. Symetra Financial Corp. has a 1-year low of $12.35 and a 1-year high of $19.30. The stock has a 50-day moving average of $18.82 and a 200-day moving average of $18.0. The company has a market cap of $2.177 billion and a P/E ratio of 13.08.
Symetra Financial Corp. (NYSE:SYA) last announced its earnings results on Thursday, October 24th. The company reported $0.42 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.39 by $0.03. The company had revenue of $526.10 million for the quarter, compared to the consensus estimate of $522.35 million. During the same quarter last year, the company posted $0.33 earnings per share. Symetra Financial Corp.’s revenue was down .5% compared to the same quarter last year. On average, analysts predict that Symetra Financial Corp. will post $1.55 earnings per share for the current fiscal year.
Symetra Financial Corporation (NYSE:SYA) financial services company in the life insurance industry.
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