Analyst Ratings For Genworth MI Canada (TSE:MIC)
Today, TD Securities reiterated its Buy rating on Genworth MI Canada (TSE:MIC) with a price target of C$43.00.
There are 3 hold ratings, 3 buy ratings on the stock.
The current consensus rating on Genworth MI Canada (TSE:MIC) is Buy (Score: 2.50) with a consensus target price of C$39.33 per share, a potential .
Some recent analyst ratings include
- 5/4/2017-TD Securities Reiterated Rating of Buy.
- 5/4/2017-BMO Capital Markets Reiterated Rating of Outperform.
- 5/3/2017-Scotiabank Reiterated Rating of Sector Perform.
- 5/2/2017-National Bank Financial Reiterated Rating of Sector Perform.
About Genworth MI Canada (TSE:MIC)
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. The Company offers both transactional and portfolio mortgage insurance. Its transactional mortgage insurance covers default risk on mortgage loans secured by residential properties to protect lenders from any resulting losses on claims. It also provides portfolio mortgage insurance to lenders for loans with loan-to-value ratios of 80% or less. Under mortgage insurance, it serves originators of residential mortgage loans, such as banks, mortgage loan and trust companies, and credit unions. It works with lenders, mortgage brokers and real estate agents across Canada to make homeownership accessible for first-time homebuyers.
Recent Trading Activity for Genworth MI Canada (TSE:MIC)
Shares of Genworth MI Canada closed the previous trading session at 33.08 down -1.12 -3.27% with 544,925 shares trading hands.