.jpg "CNO Financial (NYSE: CNO)")
In a report issued on August 15, Ryan Krueger from KBW reiterated a Hold rating on CNO Financial (NYSE: CNO), with a price target of $24. The company’s shares closed yesterday at $21.78.
According to TipRanks.com, Krueger is a 4-star analyst with an average return of 13.4% and a 67.0% success rate. Krueger covers the Financial sector, focusing on stocks such as American Equity Investment Life, Brighthouse Financial Inc, and Prudential Financial Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CNO Financial with a $26 average price target.
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Based on CNO Financial’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $102 million. In comparison, last year the company had a net profit of $83.4 million.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock.
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CNO Financial Group, Inc. is an insurance holding company, which develops, markets and administers health insurance, annuity, individual life insurance and other insurance products. It operates through three segments: Bankers Life, Washington National, Colonial Penn.
