Jefferies Keeps Their Buy Rating on Unum Group (UNM)
Jefferies analyst Suneet Kamath maintained a Buy rating on Unum Group yesterday and set a price target of $123.00. The company’s shares closed yesterday at $88.44.
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According to TipRanks, Kamath is a 5-star analyst with an average return of 10.4% and a 67.09% success rate. Kamath covers the Financial sector, focusing on stocks such as Lincoln National, Corebridge Financial, Inc., and Equitable Holdings.
Unum Group has an analyst consensus of Moderate Buy, with a price target consensus of $102.44, representing a 15.83% upside. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $101.00 price target.
Based on Unum Group’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.36 billion and a net profit of $232 million. In comparison, last year the company earned a revenue of $3.08 billion and had a net profit of $189.1 million
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- Unum Group price target raised to $123 from $117 at Jefferies
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