Brokerages Set Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Target Price at $242.00

Gjensidige Forsikring ASA (OTCMKTS:GJNSYGet Rating) has earned an average recommendation of “Buy” from the six analysts that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $242.00.

GJNSY has been the topic of several recent analyst reports. Credit Suisse Group boosted their target price on shares of Gjensidige Forsikring ASA from 237.00 to 242.00 and gave the company an “outperform” rating in a research note on Thursday, April 28th. Barclays raised shares of Gjensidige Forsikring ASA from an “underweight” rating to an “overweight” rating in a research note on Wednesday, March 23rd.

OTCMKTS:GJNSY traded down $0.88 during trading hours on Thursday, hitting $20.46. 311 shares of the stock traded hands, compared to its average volume of 985. The firm has a 50 day moving average price of $23.54 and a 200 day moving average price of $24.08. Gjensidige Forsikring ASA has a fifty-two week low of $19.37 and a fifty-two week high of $26.74.

The firm also recently disclosed a dividend, which was paid on Thursday, April 21st. Investors of record on Monday, March 28th were issued a $0.6784 dividend. This represents a yield of 3.85%. The ex-dividend date was Friday, March 25th.

About Gjensidige Forsikring ASA (Get Rating)

Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension.

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Analyst Recommendations for Gjensidige Forsikring ASA (OTCMKTS:GJNSY)

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