Trade Report: Today, Q2 2017 EPS Estimates for Genworth MI Canada Inc Decreased by Analyst (MIC)

Today, Q2 2017 EPS Estimates for Genworth MI Canada Inc Decreased by Analyst (MIC)

Genworth MI Canada Inc (TSE:MIC) – Stock analysts at Cormark lowered their Q2 2017 EPS estimates for Genworth MI Canada in a research report issued on Thursday. Cormark analyst J. Fenwick now expects that the firm will earn $1.06 per share for the quarter, down from their previous estimate of $1.07. Cormark also issued estimates for Genworth MI Canada’s Q3 2017 earnings at $1.05 EPS, Q4 2017 earnings at $1.04 EPS and FY2017 earnings at $4.22 EPS.

A number of other equities research analysts also recently issued reports on MIC. CIBC upped their price objective on shares of Genworth MI Canada from C$33.50 to C$37.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 4th. TD Securities reaffirmed a “hold” rating and issued a C$38.00 price objective on shares of Genworth MI Canada in a research report on Wednesday, August 3rd. Royal Bank Of Canada upped their price objective on shares of Genworth MI Canada from C$35.00 to C$36.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 4th. Scotiabank reaffirmed a “sector perform” rating and issued a C$35.00 price objective on shares of Genworth MI Canada in a research report on Wednesday, August 3rd. Finally, RBC Capital Markets reduced their price objective on shares of Genworth MI Canada from C$36.00 to C$32.00 and set a “sector perform” rating for the company in a research report on Thursday, October 6th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of C$35.14.

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