UnitedHealth Group Lowered to “Neutral” at Ned Davis Research (UNH)
UnitedHealth Group (NYSE:UNH) was downgraded by Ned Davis Research from a “buy” rating to a “neutral” rating in a research note issued on Monday, ARN reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at TheStreet reiterated a “buy” rating on shares of UnitedHealth Group (NYSE:UNH) in a research note to investors on Friday. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of UnitedHealth Group (NYSE:UNH) from $70.00 to $80.00 in a research note to investors on Tuesday, September 24th. They now have an “overweight” rating on the stock. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. UnitedHealth Group has an average rating of “Buy” and an average target price of $75.94.
Shares of UnitedHealth Group (NYSE:UNH) traded down 1.00% on Monday, hitting $71.27. 959,330 shares of the company’s stock traded hands. UnitedHealth Group has a 52 week low of $51.09 and a 52 week high of $75.88. The stock’s 50-day moving average is $72.73 and its 200-day moving average is $65.77. The company has a market cap of $72.460 billion and a P/E ratio of 13.71.
UnitedHealth Group (NYSE:UNH) last released its earnings data on Thursday, July 18th. The company reported $1.40 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.25 by $0.15. The company had revenue of $30.40 billion for the quarter, compared to the consensus estimate of $30.48 billion. During the same quarter last year, the company posted $1.27 earnings per share. UnitedHealth Group’s revenue was up 11.5% compared to the same quarter last year. Analysts expect that UnitedHealth Group will post $5.50 EPS for the current fiscal year.
UnitedHealth Group Incorporated (NYSE:UNH) diversified health and well-being company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.