Short Term Rating on Unum Group (UNM)

Unum Group (UNM) : 10 analysts are covering Unum Group (UNM) and their average rating on the stock is 2.7, 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. Unum Group (UNM) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Unum Group (UNM) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $41 and the lowest price target forecast is $31. The average forecast of all the analysts is $36.33 and the expected standard deviation is $3.5.

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


Unum Group (NYSE:UNM): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $31.80 and $31.79 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $32.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $32.02, notching a gain of 2.30% for the day. The total traded volume was 2,014,729 . The stock had closed at $31.30 on the previous day.

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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