CNO Financial Group (CNO) Receives Price Target

CNO Financial Group (CNO) : 4 investment research analysts covering CNO Financial Group (CNO) have an average price target of $19.25 for the near short term. The highest target price given by the Brokerage Firm to the stock is $21 and the lowest target is $18 for the short term. Analysts expect the variance to be within $1.26 of the average price.

CNO Financial Group (CNO) has an average broker rating of 2.5, which is interpreted as a Buy, as rated by 4 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.


Also, Keefe Bruyette & Woods maintains its rating on CNO Financial Group (NYSE:CNO). The global brokerage major lowers the current price target from $20 per share to $19 per share. Analysts at the Keefe Bruyette & Woods have a current rating of Market Perform on the shares. The rating by the firm was issued on August 2, 2016.

CNO Financial Group (NYSE:CNO): The stock opened at $16.31 on Thursday but the bulls could not build on the opening and the stock topped out at $16.51 for the day. The stock traded down to $15.89 during the day, due to lack of any buying support eventually closed down at $16.03 with a loss of -1.35% for the day. The stock had closed at $16.25 on the previous day. The total traded volume was 1,956,254 shares.

CNO Financial Group, Inc. is a holding company for a group of insurance companies operating throughout the United States that develop, market and administer health insurance, annuity, individual life insurance and other insurance products. The Company manages its business through three operating segments: Bankers Life, Washington National and Colonial Penn. Bankers Life markets and distributes Medicare supplement insurance, interest-sensitive life insurance, traditional life insurance, fixed annuities and long-term care insurance products. Washington National markets and distributes supplemental health, including specified disease, accident and hospital indemnity insurance products, and life insurance. Colonial Penn markets primarily graded benefit and simplified issue life insurance.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.