Short Term Price Target on Aflac Incorporated (AFL)

Aflac Incorporated (NYSE:AFL) : The consensus price target for Aflac Incorporated (NYSE:AFL) is $70 for the short term with a standard deviation of $2.98. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $76, however, the pessimist price target for the company is $67.

Shares of Aflac Incorporated rose by 0.54% in the last five trading days and 3.96% for the last 4 weeks. Aflac Incorporated is up 13.21% in the last 3-month period. Year-to-Date the stock performance stands at 22.06%. Also, Equity Analysts at the Keefe Bruyette & Woods downgrades the rating on Aflac Incorporated (NYSE:AFL). The brokerage firm has issued a Market Perform rating on the shares. The shares were previously rated Outperform. The Analysts at the ratings agency maintains the price target to $73 per share. The rating by the firm was issued on May 20, 2016.

Aflac Incorporated (NYSE:AFL) : The consensus on Aflac Incorporated (NYSE:AFL) based on 13 analyst recommendation on the company stock is 2.77, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 10 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Aflac Incorporated (NYSE:AFL).

Aflac Incorporated (NYSE:AFL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $70.19 and $70.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $72.17. The buying momentum continued till the end and the stock did not give up its gains. It closed at $72.16, notching a gain of 2.97% for the day. The total traded volume was 2,574,177 . The stock had closed at $70.08 on the previous day.

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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