Genworth MI Canada Inc (TSE:MIC) has been given a consensus recommendation of “Hold” by the six analysts that are currently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is C$39.33.

Several research analysts have weighed in on the company. Scotiabank reissued a “sector perform” rating and issued a C$37.00 price objective on shares of Genworth MI Canada in a research report on Wednesday, May 3rd. TD Securities reissued a “buy” rating and issued a C$43.00 price objective on shares of Genworth MI Canada in a research report on Thursday, May 4th. CIBC boosted their price objective on Genworth MI Canada from C$40.00 to C$43.00 in a research report on Thursday, May 4th. BMO Capital Markets reissued an “outperform” rating and issued a C$41.00 price objective on shares of Genworth MI Canada in a research report on Thursday, May 4th. Finally, National Bank Financial reissued a “sector perform” rating and issued a C$36.00 price objective on shares of Genworth MI Canada in a research report on Tuesday, May 2nd.

Genworth MI Canada (TSE:MIC) traded down 0.74% during midday trading on Tuesday, hitting $34.73. The stock had a trading volume of 88,295 shares. The stock has a market capitalization of $3.19 billion and a PE ratio of 7.33. The stock’s 50-day moving average is $32.97 and its 200-day moving average is $34.86. Genworth MI Canada has a 1-year low of $27.39 and a 1-year high of $39.00.

In other Genworth MI Canada news, Director Stuart Kendrick Levings acquired 1,552 shares of the business’s stock in a transaction on Thursday, May 18th. The shares were acquired at an average price of C$32.21 per share, with a total value of C$49,989.92. Also, Director Neil Reginald Parkinson purchased 4,800 shares of the company’s stock in a transaction dated Friday, June 2nd. The shares were purchased at an average cost of C$31.36 per share, for a total transaction of C$150,528.00. In the last three months, insiders acquired 7,816 shares of company stock worth $250,543.

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About Genworth MI Canada

Genworth MI Canada Inc, through its subsidiary, Genworth Financial Mortgage Insurance Company Canada, operates as a private-sector residential mortgage insurer. The Company provides mortgage default insurance to Canadian residential mortgage lenders. It underwrites mortgage insurance for residential properties in various provinces and territories of Canada.

Analyst Recommendations for Genworth MI Canada (TSE:MIC)

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