UnitedHealth Group Stock Rating Upgraded by Deutsche Bank (UNH)
UnitedHealth Group (NYSE:UNH) was upgraded by investment analysts at Deutsche Bank from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm currently has a $85.00 target price on the stock, up from their previous target price of $74.00. Deutsche Bank’s price target would suggest a potential upside of 11.10% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at TheStreet reiterated a “buy” rating on shares of UnitedHealth Group in a research note to investors on Sunday. Six analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $79.11.
Shares of UnitedHealth Group (NYSE:UNH) traded up 3.06% on Tuesday, hitting $76.51. The stock had a trading volume of 6,545,505 shares. UnitedHealth Group has a 1-year low of $51.50 and a 1-year high of $77.33. The stock has a 50-day moving average of $73.49 and a 200-day moving average of $71.55. The company has a market cap of $77.027 billion and a P/E ratio of 14.04.
UnitedHealth Group Incorporated (NYSE:UNH) diversified health and well-being company.
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