Unum Group Gets a Hold Rating from Wells Fargo


Wells Fargo analyst Sean Dargan assigned a Hold rating to Unum Group (NYSE: UNM) today and set a price target of $53. The company’s shares opened today at $38.43, close to its 52-week low of $37.57.

According to TipRanks.com, Dargan is a 2-star analyst with an average return of 1.9% and a 46.8% success rate. Dargan covers the Financial sector, focusing on stocks such as Brighthouse Financial Inc, Prudential Financial Inc, and Lincoln National Corp.

Unum Group has an analyst consensus of Hold, with a price target consensus of $53.86.

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Based on Unum Group’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $274 million. In comparison, last year the company had a net profit of $230 million.

Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is negative on the stock.

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Unum Group engages in the provision of financial protection benefits. It operates through the following segments: Unum U.S., Unum UK, Colonial Life, Closed Block, and Corporate.

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