CNO Financial Group (CNO) has been under a strong bear grip, hence the stock is down -8.67% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.08% in the past 1 week. The stock has risen by 1.41% in the past week indicating that the buyers are active at lower levels, but the stock is down -8.87% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.08% and the fifty day Moving Average is 6.69%. CNO Financial Group, Inc. has dropped 22.05% during the last three month period . Year-to-Date the stock performance stands at -16.43%.
CNO Financial Group (CNO) stock is expected to deviate a maximum of $1.26 from the average target price of $19.25 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $21 and the most muted being $18.
CNO Financial Group (NYSE:CNO): On Fridays trading session , Opening price of the stock was $16.21 with an intraday high of $16.31. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $15.66. However, the stock managed to close at $15.83, a loss of 1.86% for the day. On the previous day, the stock had closed at $16.13. The total traded volume of the day was 2,316,350 shares.
CNO Financial Group, Inc. is a holding company for a group of insurance companies operating throughout the United States that develop, market and administer health insurance, annuity, individual life insurance and other insurance products. The Company manages its business through three operating segments: Bankers Life, Washington National and Colonial Penn. Bankers Life markets and distributes Medicare supplement insurance, interest-sensitive life insurance, traditional life insurance, fixed annuities and long-term care insurance products. Washington National markets and distributes supplemental health, including specified disease, accident and hospital indemnity insurance products, and life insurance. Colonial Penn markets primarily graded benefit and simplified issue life insurance.