Genworth MI Canada Inc (MIC) Price Target Cut to C$35.00 by Analysts at CIBC
MIC has been the topic of a number of other reports. 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. RBC Capital Markets upped their price objective on shares of Genworth MI Canada from C$35.00 to C$36.00 and gave the company a sector perform rating in a report on Wednesday, August 3rd. TD Securities reaffirmed a hold rating and set a C$38.00 price objective on shares of Genworth MI Canada in a report on Wednesday, August 3rd. Royal Bank Of Canada dropped their price objective on shares of 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. Finally, BMO Capital Markets dropped their price objective on shares of 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. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of C$35.14.
Genworth MI Canada (TSE:MIC) traded up 1.22% during trading on Thursday, reaching $29.05. 24,995 shares of the company’s stock traded hands. The company’s 50 day moving average is $33.23 and its 200-day moving average is $33.20. The stock has a market cap of $2.67 billion and a price-to-earnings ratio of 7.39. Genworth MI Canada has a 52-week low of $22.14 and a 52-week high of $36.35.
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