Shares of Genworth MI Canada Inc (TSE:MIC) have received a consensus rating of “Hold” from the seven ratings firms that are currently covering the company. Six investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$35.43.

MIC has been the subject of a number of recent research reports. Royal Bank Of Canada cut their price objective on Genworth MI Canada from C$36.00 to C$32.00 and set a “sector perform” rating for the company in a research note on Thursday, October 6th. RBC Capital Markets lowered their price target on Genworth MI Canada from C$36.00 to C$32.00 and set a “sector perform” rating on the stock in a report on Thursday, October 6th. Scotiabank reissued a “sector perform” rating and issued a C$36.00 price target on shares of Genworth MI Canada in a report on Monday, September 26th. BMO Capital Markets lowered their price target on Genworth MI Canada from C$40.00 to C$38.00 and set an “outperform” rating on the stock in a report on Wednesday, October 5th. Finally, CIBC boosted their price target on Genworth MI Canada from C$33.50 to C$37.00 and gave the stock a “sector perform” rating in a report on Thursday, August 4th.

Shares of Genworth MI Canada (TSE:MIC) traded down 0.31% on Wednesday, hitting $28.63. 150,052 shares of the stock traded hands. The firm has a 50 day moving average price of $33.59 and a 200 day moving average price of $33.26. Genworth MI Canada has a 52-week low of $22.14 and a 52-week high of $36.35. The firm has a market cap of $2.63 billion and a PE ratio of 7.29.

Genworth MI Canada Company Profile

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