CNO Financial Group Receives New Coverage from Analysts at Citigroup Inc. (CNO)
Investment analysts at Citigroup Inc. initiated coverage on shares of CNO Financial Group (NYSE:CNO) in a note issued to investors on Friday, Analyst Ratings.Net reports. The firm set a “buy” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of CNO Financial Group from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, December 24th. They now have a $21.00 price target on the stock. Separately, analysts at UBS AG raised their price target on shares of CNO Financial Group from $15.00 to $18.00 in a research note to investors on Thursday, December 19th. They now have a “neutral” rating on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of CNO Financial Group from $18.00 to $20.00 in a research note to investors on Tuesday, December 10th. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $17.40.
Shares of CNO Financial Group (NYSE:CNO) opened at 17.51 on Friday. CNO Financial Group has a one year low of $9.39 and a one year high of $17.91. The stock has a 50-day moving average of $16.96 and a 200-day moving average of $14.98. The company has a market cap of $3.888 billion and a price-to-earnings ratio of 8.83.
CNO Financial Group (NYSE:CNO) last released its earnings data on Monday, October 28th. The company reported $0.33 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.28 by $0.05. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.07 billion. Analysts expect that CNO Financial Group will post $1.13 EPS for the current fiscal year.
CNO Financial Group, Inc (NYSE:CNO) is a holding company for a group of insurance companies operating throughout the United States, which develops, markets and administers health insurance, annuity, individual life insurance and other insurance products.
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.