Report
EUR 14.00 For Business Accounts Only

Increased risk weighs on GENWORTH MGE.IN.AUS., penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of GENWORTH MGE.IN.AUS. (AU), active in the Property & Casualty Insurance industry. As regards its fundamental valuation, the title still shows 2 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date June 29, 2021, the closing price was AUD 2.14 and its target price was estimated at AUD 2.00.
Underlying
Genworth Mortgage Insurance Australia Ltd

Genworth Australia is a provider of lenders mortgage insurance (LMI) under authorisation from Australian Prudential Regulation Authority. Co. provides three LMI products: Standard LMI, Homebuyer Plus and Business Select/Low Doc. Co. maintains commercial relationships with over 105 lender customers across Australia.

Provider
TheScreener
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