Investment analysts at Sandler O’Neill raised their target price on shares of Symetra Financial Corp. (NYSE: SYA) from $14.00 to $18.00 in a note issued to investors on Friday, AnalystRatingsNetwork.com reports. Sandler O’Neill’s price objective indicates a potential upside of 3.39% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Symetra Financial Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Monday. They now have a $17.80 price target on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Symetra Financial Corp. from $13.00 to $15.00 in a research note to investors on Monday, July 1st. They now have an “underweight” rating on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Symetra Financial Corp. from $14.00 to $16.00 in a research note to investors on Wednesday, June 19th.
Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $15.38.
Symetra Financial Corp. (NYSE: SYA) traded down 0.46% on Friday, hitting $17.41. Symetra Financial Corp. has a 1-year low of $10.78 and a 1-year high of $17.51. The stock’s 50-day moving average is currently $15.27. The company has a market cap of $2.404 billion and a price-to-earnings ratio of 12.33.
Symetra Financial Corp. (NYSE: SYA) last announced its earnings results on Wednesday, April 24th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.34 by $0.03. The company had revenue of $557.10 million for the quarter, compared to the consensus estimate of $518.39 million. During the same quarter in the prior year, the company posted $0.43 earnings per share. The company’s quarterly revenue was up 2.6% on a year-over-year basis. On average, analysts predict that Symetra Financial Corp. will post $1.41 earnings per share for the current fiscal year.
Symetra Financial Corporation (NYSE: SYA) financial services company in the life insurance industry.