TheStreet Reiterates Buy Rating for UnitedHealth Group (UNH)
UnitedHealth Group (NYSE:UNH)‘s stock had its “buy” rating reaffirmed by TheStreet in a research note issued on Sunday, AnalystRatingsNetwork reports.
The analysts wrote, “UnitedHealth Group (UNH) has been reiterated by TheStreet Ratings as a buy with a ratings score of A+. The company’s strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins.”
UNH has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of UnitedHealth Group from $84.00 to $87.00 in a research note to investors on Wednesday, December 4th. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of UnitedHealth Group in a research note to investors on Wednesday, December 4th. They now have a $86.00 price target on the stock, up previously from $82.00. Finally, analysts at UBS AG raised their price target on shares of UnitedHealth Group from $81.00 to $84.00 in a research note to investors on Monday, November 25th. They now have a “buy” rating on the stock. Seven investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. UnitedHealth Group has a consensus rating of “Buy” and a consensus target price of $78.72.
Shares of UnitedHealth Group (NYSE:UNH) opened at 75.10 on Friday. UnitedHealth Group has a 1-year low of $51.36 and a 1-year high of $75.88. The stock’s 50-day moving average is $73.27 and its 200-day moving average is $71.30. The company has a market cap of $75.608 billion and a price-to-earnings ratio of 14.10.
UnitedHealth Group (NYSE:UNH) last announced its earnings results on Thursday, October 17th. The company reported $1.53 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.52 by $0.01. The company had revenue of $60.60 billion for the quarter, compared to the consensus estimate of $30.80 billion. During the same quarter in the prior year, the company posted $1.50 earnings per share. The company’s quarterly revenue was up 12.2% on a year-over-year basis. On average, analysts predict that UnitedHealth Group will post $5.49 earnings per share for the current fiscal year.
UnitedHealth Group Incorporated (NYSE:UNH) diversified health and well-being company.
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