Genworth MI Canada (TSE:MIC) had its price target boosted by stock analysts at National Bank Financial from C$46.00 to C$48.00 in a report released on Thursday. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price would suggest a potential upside of 8.35% from the company’s previous close.

Several other analysts also recently issued reports on the stock. Royal Bank Of Canada downgraded shares of Genworth MI Canada from a “sector perform” rating to an “underperform” rating and boosted their target price for the company from C$40.00 to C$41.00 in a research note on Monday, November 6th. Scotiabank boosted their target price on shares of Genworth MI Canada from C$40.00 to C$44.00 and gave the company a “sector perform” rating in a research note on Monday, November 6th. Finally, CIBC downgraded shares of Genworth MI Canada from an “outperform” rating to a “neutral” rating and boosted their target price for the company from C$45.00 to C$46.00 in a research note on Monday, November 6th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of C$44.67.

Shares of Genworth MI Canada (MIC) traded up C$0.87 during trading hours on Thursday, reaching C$44.30. 274,243 shares of the company’s stock traded hands, compared to its average volume of 215,897. Genworth MI Canada has a 52 week low of C$30.38 and a 52 week high of C$44.49.

In other news, insider Winsor James Macdonell sold 8,000 shares of the business’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of C$37.00, for a total transaction of C$296,000.00.

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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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