SunTrust upgraded shares of Unum Group (NYSE: UNM) from a neutral rating to a buy rating in a report issued on Wednesday. They currently have $30.00 target price on the stock.
Several other analysts have also recently commented on the stock. 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 equities research analysts have rated the stock with a buy rating, one has assigned an overweight rating, and eleven have issued a hold rating to the company’s stock. The company currently has an average rating of overweight and an average target price of $25.94.
Shares of Unum Group traded up 0.25% during mid-day trading on Wednesday, hitting $24.46. Unum Group has a one year low of $18.28 and a one year high of $24.81. The stock’s 50-day moving average is currently $22.70. The company has a market cap of $6.609 billion and a P/E ratio of 7.70.
The company also recently declared a quarterly dividend, which is scheduled for Friday, February 15th. Investors of record on Monday, January 28th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date of this dividend is Thursday, January 24th.
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