Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Given Average Recommendation of “Hold” by Brokerages

Shares of Gjensidige Forsikring ASA (OTCMKTS:GJNSY) have earned a consensus recommendation of “Hold” from the seven research firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company.

Several equities analysts have recently weighed in on the company. Pareto Securities downgraded Gjensidige Forsikring ASA from a “buy” rating to a “hold” rating in a research report on Wednesday. Berenberg Bank restated a “hold” rating on shares of Gjensidige Forsikring ASA in a research report on Friday, October 22nd.

OTCMKTS:GJNSY traded down $0.82 during trading hours on Thursday, hitting $23.56. 364 shares of the stock were exchanged, compared to its average volume of 532. The firm’s fifty day moving average price is $24.20 and its 200 day moving average price is $23.67. Gjensidige Forsikring ASA has a 52-week low of $20.89 and a 52-week high of $26.95.

The business also recently disclosed a dividend, which will be paid on Wednesday, December 1st. Investors of record on Monday, November 15th will be given a dividend of $1.6199 per share. The ex-dividend date of this dividend is Friday, November 12th. This represents a yield of 6.51%.

Gjensidige Forsikring ASA Company Profile

Gjensidige Forsikring ASA engages in the provision of insurance services. It operates through the following business segments: General Insurance Private, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, Pension, and Retail Bank. The General Insurance Private segment offers insurances related to motor, property, accident and health, and leisure.

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Analyst Recommendations for Gjensidige Forsikring ASA (OTCMKTS:GJNSY)

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