CNO Financial Group Receives Outperform Rating from FBR Capital Markets (CNO)
CNO Financial Group (NYSE:CNO)‘s stock had its “outperform” rating reiterated by analysts at FBR Capital Markets in a research report issued to clients and investors on Thursday, AnalystRatingsNetwork reports. They currently have a $20.00 price objective on the stock. FBR Capital Markets’ price objective would indicate a potential upside of 10.56% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. initiated coverage on shares of CNO Financial Group in a research note to investors on Friday, January 3rd. They set a “buy” rating on the stock. Separately, 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. Finally, 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. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. CNO Financial Group has an average rating of “Buy” and an average price target of $17.40.
Shares of CNO Financial Group (NYSE:CNO) traded down 0.08% on Thursday, hitting $18.075. The stock had a trading volume of 112,382 shares. CNO Financial Group has a 52 week low of $9.56 and a 52 week high of $18.24. The stock’s 50-day moving average is $17.16 and its 200-day moving average is $15.14. The company has a market cap of $4.013 billion and a price-to-earnings ratio of 9.03.
CNO Financial Group (NYSE:CNO) last issued its quarterly 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. On average, analysts predict that CNO Financial Group will post $1.12 earnings per share 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.
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