Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Receives Consensus Recommendation of “Hold” from Analysts

Gjensidige Forsikring ASA (OTCMKTS:GJNSY) has received an average recommendation of “Hold” from the seven analysts that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company.

Several research analysts have commented on GJNSY shares. Pareto Securities downgraded Gjensidige Forsikring ASA from a “buy” rating to a “hold” rating in a research note on Wednesday, November 24th. Berenberg Bank restated a “hold” rating on shares of Gjensidige Forsikring ASA in a research note on Thursday, December 2nd.

Shares of GJNSY stock traded up $0.88 on Friday, hitting $25.77. 771 shares of the stock were exchanged, compared to its average volume of 1,371. Gjensidige Forsikring ASA has a one year low of $21.86 and a one year high of $26.95. The firm’s 50 day moving average is $24.26 and its two-hundred day moving average is $23.94.

The firm also recently declared a dividend, which was paid on Wednesday, December 1st. Shareholders of record on Monday, November 15th were issued a $1.6199 dividend. The ex-dividend date of this dividend was Friday, November 12th. This represents a dividend yield of 6.51%.

About Gjensidige Forsikring ASA

Gjensidige Forsikring ASA engages in the provision of insurance services. It operates through the following business segments: General Insurance Private, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, Pension, and Retail Bank. The General Insurance Private segment offers insurances related to motor, property, accident and health, and leisure.

Featured Story: What is the yield curve?

Analyst Recommendations for Gjensidige Forsikring ASA (OTCMKTS:GJNSY)

Receive News & Ratings for Gjensidige Forsikring ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gjensidige Forsikring ASA and related companies with MarketBeat.com's FREE daily email newsletter.