Aflac Incorporated (NYSE:AFL) : 13 analysts are covering Aflac Incorporated (NYSE:AFL) and their average rating on the stock is 2.77, which is read as a Hold. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 10 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Aflac Incorporated (NYSE:AFL) : The consensus price target for Aflac Incorporated (NYSE: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.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Keefe Bruyette & Woods downgrades the rating on Aflac Incorporated (NYSE:AFL). The brokerage firm has issued a Market Perform rating on the shares. The shares were previously rated Outperform. The Analysts at the ratings agency maintains the price target to $73 per share. The rating by the firm was issued on May 20, 2016.
Aflac Incorporated (NYSE:AFL): stock turned positive on Tuesday. Though the stock opened at $68.32, the bulls momentum made the stock top out at $69.11 level for the day. The stock recorded a low of $67.82 and closed the trading day at $68.85, in the green by 2.26%. The total traded volume for the day was 2,463,956. The stock had closed at $67.33 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that White Teresa L, officer (President, Aflac U.S.) of Aflac Inc, had unloaded 8,976 shares at an average price of $69.8 in a transaction dated on June 8, 2016. The total value of the transaction was worth $626,525.
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.