Aflac Incorporated (AFL): Price Target and June Short Interest Disclosure

Aflac Incorporated (AFL) : 10 Wall Street analysts covering Aflac Incorporated (AFL) believe that the average level the stock could reach for the short term is $70.7. The maximum price target given is $76 and the minimum target for short term is around $67, hence the standard deviation is calculated at $3.37.

Aflac Incorporated (AFL) encountered a rise of 8.3% or 530,337 shares in the short positions. The number escalated from 6,374,321 on June 15,2016 to 6,904,658 on June 30,2016. The final interest is 1.7% of the floated stock. The days to cover figure of 3 can be arrived using the average daily exchange of 2,400,471 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Deutsche Bank maintains its rating on Aflac Incorporated (NYSE:AFL). The global brokerage major raises the current price target from $71 per share to $73 per share. Analysts at the Deutsche Bank have a current rating of Hold on the shares. The rating by the firm was issued on July 7, 2016.


Aflac Incorporated (NYSE:AFL): stock turned positive on Thursday. Though the stock opened at $74, the bulls momentum made the stock top out at $74.11 level for the day. The stock recorded a low of $73.7 and closed the trading day at $73.7, in the green by 0.57%. The total traded volume for the day was 2,385,399. The stock had closed at $73.28 in the previous days trading.

Aflac Incorporated (Aflac) is a business holding company. The Company is engaged in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). Aflac offers insurance policies in Japan and the United States that provide a layer of financial protection against income and asset loss. Aflacs insurance business consists of two segments: Aflac Japan and Aflac U.S. Aflac Japan sells voluntary supplemental insurance products, including cancer plans, medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans and annuities. Aflac U.S. sells insurance products, including products designed to protect individuals from depletion of assets, such as accident, cancer, critical illness/care, hospital intensive care, hospital indemnity, fixed-benefit dental and vision care plans, and loss-of-income products.

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