Aflac Incorporated (AFL) : Zacks Investment Research ranks Aflac Incorporated (AFL) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 10 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 13 research analysts is 2.77, which indicates as a Hold.
Aflac Incorporated (AFL) : The consensus price target for Aflac Incorporated (AFL) is $70 for the short term with a standard deviation of $2.98. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $76, however, the pessimist price target for the company is $67.
Aflac Incorporated (NYSE:AFL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $71.27 and $71.18 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $72.22. The buying momentum continued till the end and the stock did not give up its gains. It closed at $72.21, notching a gain of 0.99% for the day. The total traded volume was 2,291,282 . The stock had closed at $71.50 on the previous day.
Also, In a research note released to the investors, Keefe Bruyette & Woods downgrades its rating on Aflac Incorporated (NYSE:AFL).The analysts at the brokerage house have a current rating of Market Perform on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. In a recent information released to the investors, Keefe Bruyette & Woods maintains the price target of $73 per share. The rating by the firm was issued on May 20, 2016. The company shares have rallied 18.26% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $72.81 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $69.51 and the 200 Day Moving Average price is recorded at $63.84.
Aflac Incorporated (Aflac) is a business holding company. The Company is engaged in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). Aflac offers insurance policies in Japan and the United States that provide a layer of financial protection against income and asset loss. Aflacs insurance business consists of two segments: Aflac Japan and Aflac U.S. Aflac Japan sells voluntary supplemental insurance products, including cancer plans, medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans and annuities. Aflac U.S. sells insurance products, including products designed to protect individuals from depletion of assets, such as accident, cancer, critical illness/care, hospital intensive care, hospital indemnity, fixed-benefit dental and vision care plans, and loss-of-income products.