BUZZ-Insurer Unum rises after Raymond James upgrades to 'strong buy'

Reuters
03-06
BUZZ-Insurer Unum rises after Raymond James upgrades to 'strong buy'

** Shares of insurer Unum Group UNM.N rise 3.1% to $80.35

** Raymond James upgrades UNM to "strong buy" from "market perform"; sets PT of $108, a 38.6% upside to stock's last close

** Brokerage thinks UNM is best positioned among its life insurance peers to benefit from strong demand for offerings such as long-term care $(LTC)$ insurance

** Expects valuation to move higher, as UNM continues to de-risk its business through reinsurance deals

** Brokerage expects UNM could use its strong capital levels to absorb any potential negative impacts from additional LTC reinsurance deals

** Nine of 14 brokerages rate the stock "buy" or higher and five "hold"; with a median PT of $90, according to data compiled by LSEG

** UNM stock up 9.7% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10