Torchmark Corporation (TMK) : 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Torchmark Corporation (TMK). Zacks Investment Research suggests a Sell with a rank of 4. 3 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 10 Wall Street Analysts endorse the stock as a Sell with a rating of 3.53.
Torchmark Corporation (TMK) : The highest short term price target forecast on Torchmark Corporation (TMK) is $65 and the lowest target price is $51. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $56.71 with a standard deviation of $4.57.
Company shares have received an average consensus rating of Hold for the current week
Torchmark Corporation (NYSE:TMK): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $62.08 and $61.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $62.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $62.06, notching a gain of 0.98% for the day. The total traded volume was 1,210,424 . The stock had closed at $61.46 on the previous day.
Torchmark Corporation is an insurance holding company. The Companys segments include life insurance, health insurance, Medicare Part D, annuities and investment. The life insurance segment offers whole-life insurance, term life insurance and other life insurance products. The health insurance segment offers supplemental limited-benefit health insurance products primarily for cancer and accident plans. It also provides coverage under the Governments Medicare Part D plan. The Company offers single-premium and flexible-premium deferred annuity products. The Company also invests in bonds, preferred stock, common stocks, mortgage loans, real estate, policy loans and others. Its primary subsidiaries are American Income Life Insurance Company, Liberty National Life Insurance Company, Globe Life And Accident Insurance Company, United American Insurance Company and Family Heritage Life Insurance Company of America.