Analyst Rating Update on Unum Group (UNM)

Unum Group (NYSE:UNM) : Zacks Investment Research ranks Unum Group (NYSE:UNM) 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. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 2.4, which indicates as a Buy.

Unum Group (NYSE:UNM) : 9 investment research analysts covering Unum Group (NYSE:UNM) have an average price target of $37.56 for the near short term. The highest target price given by the Brokerage Firm to the stock is $41 and the lowest target is $31 for the short term. Analysts expect the variance to be within $2.88 of the average price.

Company shares have received an average consensus rating of Hold for the current week

Unum Group (NYSE:UNM): stock turned positive on Tuesday. Though the stock opened at $30.64, the bulls momentum made the stock top out at $31 level for the day. The stock recorded a low of $30.24 and closed the trading day at $30.68, in the green by 2.30%. The total traded volume for the day was 1,699,806. The stock had closed at $29.99 in the previous days trading.

In an insider trading activity, The officer (EVP, President & CEO, Colonial), of Unum Group, Arnold Timothy Gerald had unloaded 1,600 shares at $36.99 per share in a transaction on May 31, 2016. The total value of transaction was $59,184. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Unum Group is a provider of disability insurance products in the United States and the United Kingdom. The Companys business segments: Unum US, Unum UK, Colonial Life, Closed Block and Corporate. Unum US includes group long-term and short-term disability insurance, group life and accidental death and dismemberment products, and supplemental and voluntary lines of business. Unum UK includes insurance for group long-term disability, group life and lines of business, which include individual disability and critical illness products. Colonial Life includes insurance for accident, sickness, and disability products, life products, and cancer and critical illness products to employees. The Companys Closed Block segment consists of individual disability, group and individual long-term care, and other insurance products no longer actively marketed. Its Corporate segment includes investment income on corporate assets not specifically allocated to a line of business.

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