Piper Sandler Reaffirms Their Buy Rating on Unum Group (UNM)
In a report released today, John Barnidge from Piper Sandler maintained a Buy rating on Unum Group, with a price target of $89.00.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
According to TipRanks, Barnidge is a 5-star analyst with an average return of 9.8% and a 63.09% success rate. Barnidge covers the Financial sector, focusing on stocks such as Apollo Global Management, Globe Life, and KKR & Co.
Currently, the analyst consensus on Unum Group is a Moderate Buy with an average price target of $92.33.
Based on Unum Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.36 billion and a net profit of $39.7 million. In comparison, last year the company earned a revenue of $3.2 billion and had a net profit of $645.7 million
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of UNM in relation to earlier this year. Earlier this month, Walter Lynn JR Rice, the SVP & CAO of UNM sold 900.00 shares for a total of $66,150.00.
Read More on UNM:
