Unum Group (UNM) Gets a Buy from Piper Sandler
Piper Sandler analyst John Barnidge maintained a Buy rating on Unum Group yesterday. The company’s shares closed yesterday at $73.52.
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According to TipRanks, Barnidge is a 5-star analyst with an average return of 7.5% and a 58.35% success rate. Barnidge covers the Financial sector, focusing on stocks such as Principal Financial, Prudential Financial, and Globe Life.
Currently, the analyst consensus on Unum Group is a Moderate Buy with an average price target of $94.86, which is a 29.03% upside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to a Buy with a $82.00 price target.
Based on Unum Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.24 billion and a net profit of $174.1 million. In comparison, last year the company earned a revenue of $3.2 billion and had a net profit of $348.7 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. Last month, Timothy Keaney, a Director at UNM sold 4,500.00 shares for a total of $326,610.00.
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