Genworth Financial Receives a Hold from J.P. Morgan

J.P. Morgan analyst Jimmy Bhullar reiterated a Hold rating on Genworth Financial (NYSE: GNW) today. The company’s shares opened today at $4.02.

According to TipRanks.com, Bhullar is a 4-star analyst with an average return of 4.8% and a 48.4% success rate. Bhullar covers the Financial sector, focusing on stocks such as American Equity Investment Life, Fidelity & Guaranty Life, and Lincoln National Corp.

Genworth Financial has an analyst consensus of Hold.

The company has a one year high of $5.27 and a one year low of $1.57. Currently, Genworth Financial has an average volume of 10.61M.

Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GNW in relation to earlier this year. Most recently, in September 2015, Thomas J. McInerney, the President and CEO; Director of GNW bought 30,000 shares for a total of $156,000.

Genworth Financial, Inc. is a financial services company, which engages in the provision of insurance, wealth management, investment and financial solutions. It operates its business through the following segments: U.S. Life Insurance, U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, and Runoff. The company was founded on October 23, 2003 and is headquartered in Richmond, VA.