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Shares of Genworth Financial (NYSE:GNW) hit a new 52-week high during trading on Wednesday, StockRatingsNetwork.com reports. The stock traded as high as $16.40 and last traded at $16.30, with a volume of 3,950,190 shares trading hands. The stock had previously closed at $16.08.

Several analysts have recently commented on the stock. Analysts at Compass Point initiated coverage on shares of Genworth Financial in a research note to investors on Tuesday. They set a “buy” rating and a $22.00 price target on the stock. Separately, analysts at UBS AG upgraded shares of Genworth Financial from a “neutral” rating to a “buy” rating in a research note to investors on Monday. They now have a $18.00 price target on the stock, up previously from $13.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Genworth Financial in a research note to investors on Friday, December 20th. They now have a $16.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. Genworth Financial presently has an average rating of “Buy” and a consensus target price of $15.50.

Genworth Financial has a 52-week low of $7.78 and a 52-week high of $16.23. The stock’s 50-day moving average is $15.27 and its 200-day moving average is $13.46. The company has a market cap of $8.076 billion and a P/E ratio of 15.58.

Genworth Financial (NYSE:GNW) last issued its quarterly earnings data on Tuesday, October 29th. The company reported $0.24 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.27 by $0.03. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.39 billion. During the same quarter last year, the company posted $0.25 earnings per share. Genworth Financial’s revenue was down 5.7% compared to the same quarter last year. On average, analysts predict that Genworth Financial will post $1.09 earnings per share for the current fiscal year.

Genworth Financial, Inc (NYSE:GNW) is a financial security company.

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