Assurant (AIZ) has an average broker rating of 1, which is interpreted as a Strong Buy, as rated by 2 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Assurant (AIZ) : Currently there are 4 street experts covering Assurant (AIZ) stock. The most bullish and bearish price target for the stock is $105 and $69 respectively for the short term. The average price target of all the analysts comes to $88.75. The estimated standard deviation from the target is $15.5.
For the current week, the company shares have a recommendation consensus of Buy. Assurant (NYSE:AIZ): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $84.81 and $84.81 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $85.67. The buying momentum continued till the end and the stock did not give up its gains. It closed at $85.24, notching a gain of 0.54% for the day. The total traded volume was 230,609 . The stock had closed at $84.78 on the previous day.
In a related news, Pagano Christopher J, officer (EVP, CFO & Treasurer) of Assurant Inc, unloaded 5,000 shares at an average price of $84.56 on June 15, 2016. The total amount of the transaction was worth $422,800, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Assurant, Inc. (Assurant) is a provider of insurance products and related services, which operates in North America, Latin America, Europe and across the world. The Company operates in four segments: Assurant Solution, Assurant Specialty Property, Assurant Health and Assurant Employee Benefits. Assurant Solutions provides mobile device protection, debt protection administration, credit-related insurance, warranties and service contracts and pre-funded funeral insurance. Assurant Specialty Property provides lender-placed homeowners insurance, renters insurance and related products and manufactured housing homeowners insurance. Assurant Health provides individual health and small employer group health insurance. Assurant Employee Benefits primarily provides group dental insurance, group disability insurance and group life insurance.