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Genworth Financial (NYSE:GNW) was upgraded by Morgan Stanley from an “underweight” rating to an “equal weight” rating in a research note issued on Monday.

Genworth Financial (NYSE:GNW) opened at 13.01 on Monday. Genworth Financial has a 1-year low of $11.55 and a 1-year high of $18.74. The stock’s 50-day moving average is $16.05 and its 200-day moving average is $16.61. The company has a market cap of $6.461 billion and a price-to-earnings ratio of 9.53.

Genworth Financial (NYSE:GNW) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.35 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.35. The company had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter last year, the company posted $0.28 earnings per share. Genworth Financial’s revenue was up 1.9% compared to the same quarter last year. On average, analysts predict that Genworth Financial will post $1.31 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Genworth Financial in a research note on Thursday, July 31st. They now have a $15.00 price target on the stock. Separately, analysts at Compass Point reiterated a “focus list” rating on shares of Genworth Financial in a research note on Thursday, July 31st. They now have a $16.50 price target on the stock, down previously from $23.00. Finally, analysts at Macquarie downgraded shares of Genworth Financial from an “outperform” rating to a “neutral” rating in a research note on Wednesday, July 30th. They now have a $17.00 price target on the stock, down previously from $20.00. Four research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Genworth Financial has an average rating of “Buy” and a consensus target price of $16.86.

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

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