CNO Financial Group (CNO) : 4 analysts are covering CNO Financial Group (CNO) and their average rating on the stock is 2.5, which is read as a Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
CNO Financial Group (CNO) : The highest short term price target forecast on CNO Financial Group (CNO) is $21 and the lowest target price is $18. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $19.25 with a standard deviation of $1.26.
For the current week, the company shares have a recommendation consensus of Buy. CNO Financial Group (NYSE:CNO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.41 and $15.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.65. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.46, notching a gain of 0.45% for the day. The total traded volume was 1,520,838 . The stock had closed at $15.39 on the previous day.
In a related news,The Officer (Evp And Chief Actuary) of CNO Financial Group, Inc., Nickele Christopher J sold 24,996 shares at $19.25 on June 23, 2016. The Insider selling transaction had a total value worth of $481,173. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.