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CNO Financial Group (NYSE:CNO) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Friday. The firm currently has a $22.00 price objective on the stock. Zacks‘s price target suggests a potential upside of 21.21% from the stock’s previous close.

Shares of CNO Financial Group (NYSE:CNO) traded up 1.91% during mid-day trading on Friday, hitting $18.15. The stock had a trading volume of 615,215 shares. CNO Financial Group has a 52-week low of $13.29 and a 52-week high of $19.34. The stock has a 50-day moving average of $16.87 and a 200-day moving average of $17.5. The company has a market cap of $3.954 billion and a price-to-earnings ratio of 16.87.

CNO Financial Group (NYSE:CNO) last announced its earnings results on Monday, April 28th. The company reported $0.27 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.28 by $0.01. On average, analysts predict that CNO Financial Group will post $1.24 earnings per share for the current fiscal year.

Separately, analysts at Goldman Sachs downgraded shares of CNO Financial Group from a “buy” rating to a “neutral” rating in a research note on Thursday, May 1st. They now have a $19.50 price target on the stock. They noted that the move was a valuation call. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $19.38.

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.

To view Zacks’ full report, visit Zacks’ official website.

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