UnitedHealth Group Stock Rating Lowered by Monness Crespi & Hardt (UNH)
UnitedHealth Group (NYSE:UNH) was downgraded by Monness Crespi & Hardt from a “neutral” rating to a “sell” rating in a research note issued on Tuesday, Analyst Ratings Network reports. They currently have a $59.00 price target on the stock. Monness Crespi & Hardt’s price target indicates a potential downside of 19.35% from the company’s current price.
A number of other analysts have also recently weighed in on UNH. Analysts at Zacks reiterated a “neutral” rating on shares of UnitedHealth Group in a research note to investors on Friday. They now have a $76.00 price target on the stock. Separately, analysts at FBR Capital Markets raised their price target on shares of UnitedHealth Group from $77.00 to $85.00 in a research note to investors on Thursday, January 16th. They now have an “outperform” rating on the stock. Finally, analysts at Morgan Stanley reiterated an “overweight” rating on shares of UnitedHealth Group in a research note to investors on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $78.16.
Shares of UnitedHealth Group (NYSE:UNH) traded up 0.88% during mid-day trading on Tuesday, hitting $73.16. The stock had a trading volume of 6,379,271 shares. UnitedHealth Group has a one year low of $52.51 and a one year high of $77.33. The stock has a 50-day moving average of $73.72 and a 200-day moving average of $71.99. The company has a market cap of $73.654 billion and a P/E ratio of 13.72.
UnitedHealth Group (NYSE:UNH) last released its earnings data on Wednesday, January 15th. The company reported $1.41 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.40 by $0.01. The company had revenue of $31.10 billion for the quarter, compared to the consensus estimate of $31.06 billion. During the same quarter last year, the company posted $1.20 earnings per share. UnitedHealth Group’s revenue was up 8.2% compared to the same quarter last year. On average, analysts predict that UnitedHealth Group will post $5.61 earnings per share for the current fiscal year.
UnitedHealth Group Incorporated (NYSE:UNH) diversified health and well-being company.
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