UnitedHealth Group Given New $95.00 Price Target at Deutsche Bank (UNH)
Deutsche Bank boosted their price objective on shares of UnitedHealth Group (NYSE:UNH) to $95.00 in a research note issued on Friday. Deutsche Bank’s price target would suggest a potential upside of 11.62% from the stock’s previous close.
A number of other firms have also recently commented on UNH. Analysts at Zacks reiterated a “neutral” rating on shares of UnitedHealth Group in a research note on Friday. They now have a $89.00 price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of UnitedHealth Group in a research note on Friday. They now have a $95.00 price target on the stock, up previously from $82.00. Finally, analysts at Oppenheimer raised their price target on shares of UnitedHealth Group from $84.00 to $94.00 in a research note on Friday. They now have an “outperform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $85.95.
Shares of UnitedHealth Group (NYSE:UNH) traded up 0.11% during mid-day trading on Friday, hitting $85.20. 2,910,799 shares of the company’s stock traded hands. UnitedHealth Group has a 1-year low of $66.72 and a 1-year high of $87.24. The stock’s 50-day moving average is $81.14 and its 200-day moving average is $77.49. The company has a market cap of $83.484 billion and a price-to-earnings ratio of 15.62.
UnitedHealth Group (NYSE:UNH) last posted its quarterly earnings results on Thursday, July 17th. The company reported $1.42 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.26 by $0.16. The company had revenue of $32.60 billion for the quarter, compared to the consensus estimate of $32.01 billion. During the same quarter in the prior year, the company posted $1.40 earnings per share. The company’s quarterly revenue was up 7.1% on a year-over-year basis. On average, analysts predict that UnitedHealth Group will post $5.54 earnings per share for the current fiscal year.
UnitedHealth Group Incorporated (NYSE:UNH) diversified health and well-being company.
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