Unum Group Given New $32.00 Price Target at SunTrust (UNM)

Unum Group (NYSE: UNM) had its price target lifted by SunTrust from $30.00 to $32.00 in a research note released on Friday morning. They currently have a buy rating on the stock.

A number of other analysts have also recently weighed in on UNM. Analysts at Deutsche Bank raised their price target on shares of Unum Group from $25.00 to $27.00 in a research note to investors on Friday, February 8th. They now have a buy rating on the stock. Separately, analysts at Zacks reiterated a neutral rating on shares of Unum Group in a research note to investors on Thursday, February 7th. They now have a $25.00 price target on the stock. Finally, analysts at UBS AG reiterated a buy rating on shares of Unum Group in a research note to investors on Wednesday, February 6th. They now have a $27.00 price target on the stock.

Seven investment analysts have rated the stock with a buy rating, one has given an overweight rating, and eleven have assigned a hold rating to the company. Unum Group has an average rating of overweight and a consensus target price of $26.38.

Shares of Unum Group traded down 0.30% during mid-day trading on Friday, hitting $26.99. Unum Group has a 52 week low of $18.28 and a 52 week high of $27.17. The stock’s 50-day moving average is currently $24.21. The company has a market cap of $7.282 billion and a P/E ratio of 8.54.

Unum Group and its insurance and non-insurance subsidiaries, operate in the United States, the United Kingdom, and, to a limited extent, in certain other countries worldwide.

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