UnitedHealth Group Incorporated (UNH) has been under a strong bear grip, hence the stock is down -0.5% 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 3.08% in the past 1 week. The stock has risen by 3.63% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.51% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.25% and the 50-Day Moving Average is 0.76%.The 200 Day SMA reached 8.45% UnitedHealth Group Incorporated is up 1.03% in the last 3-month period. Year-to-Date the stock performance stands at 19.28%.
UnitedHealth Group Incorporated (UNH) stock is expected to deviate a maximum of $15.23 from the average target price of $157.47 for the short term period. 15 Street Experts have initiated coverage on the stock with the most promising target being $165 and the most muted being $105.
For the current week, the company shares have a recommendation consensus of Buy. UnitedHealth Group Incorporated (NYSE:UNH): The stock opened at $135.61 and touched an intraday high of $138.55 on Friday. During the day, the stock corrected to an intraday low of $135.53, however, the bulls stepped in and pushed the price higher to close in the green at $138.47 with a gain of 2.11% for the day. The total traded volume for the day was 7,421,871. The stock had closed at $135.61 in the previous trading session.
UnitedHealth Group Incorporated is a health and well-being company. The Companys business platforms include UnitedHealthcare and Optum. UnitedHealthcare provides health care benefits to various customers and markets. Optum is a health services business serving the health care marketplace, including payers, care providers, employers, Governments, life sciences companies and consumers. The Companys business platforms have four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. UnitedHealthcare includes UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement, UnitedHealthcare Community & State and UnitedHealthcare Global. OptumHealth is a health and wellness business serving the physical, emotional and financial needs of individuals. OptumInsight provides technology, operational and consulting services to participants in the health care industry. OptumRx provides a range of pharmacy benefit management (PBM) services.