UnitedHealth Group Incorporated (UNH) : Zacks Investment Research ranks UnitedHealth Group Incorporated (UNH) as 2, which is a Buy recommendation. 17 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 21 research analysts is 1.36, which indicates as a Strong Buy.
UnitedHealth Group Incorporated (UNH) has been rated by 18 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $172 and the lowest price target forecast is $105. The average forecast of all the analysts is $155.83 and the expected standard deviation is $15.44.
For the current week, the company shares have a recommendation consensus of Buy. 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 $142.24 and $141.44 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $143.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $142.63, notching a gain of 0.31% for the day. The total traded volume was 1,857,522 . The stock had closed at $142.19 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Ballard William C Jr, director of Unitedhealth Group Inc, had unloaded 5,000 shares at an average price of $138.58 in a transaction dated on June 16, 2016. The total value of the transaction was worth $692,900.
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.