CNO Financial Group Rating Increased to Outperform at Zacks (CNO)
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.
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