Short Term Price Target on UnitedHealth Group Incorporated (UNH)

UnitedHealth Group Incorporated (NYSE:UNH) stock is expected to deviate a maximum of $12.84 from the average target price of $147.72 for the short term period. 18 Street Experts have initiated coverage on the stock with the most promising target being $172 and the most muted being $105.

Shares of UnitedHealth Group Incorporated rose by 1.44% in the last five trading days and 5.44% for the last 4 weeks. UnitedHealth Group Incorporated is up 9.18% in the last 3-month period. Year-to-Date the stock performance stands at 21.07%. Also, Bernstein initiates coverage on UnitedHealth Group Incorporated (NYSE:UNH) The shares have been rated Outperform. The rating by the firm was issued on June 16, 2016.

UnitedHealth Group Incorporated (NYSE:UNH) has an average broker rating of 1.34, which is interpreted as a Strong Buy, as rated by 19 equity analysts. Nonetheless, 16 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 1 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. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

UnitedHealth Group Incorporated (NYSE:UNH): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $140.68 and $140.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $141.31. The buying momentum continued till the end and the stock did not give up its gains. It closed at $141.20, notching a gain of 0.48% for the day. The total traded volume was 4,730,819 . The stock had closed at $140.52 on the previous day.

UnitedHealth Group Incorporated is a health and well-being company. The Companys business platforms include UnitedHealthcare and Optum. UnitedHealthcare provides health care benefits to various customers and markets. Optum is a health services business serving the health care marketplace, including payers, care providers, employers, Governments, life sciences companies and consumers. The Companys business platforms have four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. UnitedHealthcare includes UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement, UnitedHealthcare Community & State and UnitedHealthcare Global. OptumHealth is a health and wellness business serving the physical, emotional and financial needs of individuals. OptumInsight provides technology, operational and consulting services to participants in the health care industry. OptumRx provides a range of pharmacy benefit management (PBM) services.

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