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A statement released earlier today by Goldman Sachs Group Inc. about CNO Financial Group Inc (NYSE:CNO) lowers the target price to $17.00

In a report announced on 9/30/2016 Goldman Sachs Group Inc. bumped down the target of CNO Financial Group Inc (NYSE:CNO) from $21.00 to $17.00 reporting a potential upside of 0.09%.

Yesterday CNO Financial Group Inc (NYSE:CNO) traded -1.95% lower at $15.55. CNO Financial Group Inc’s 50-day moving average is $15.70 and its 200-day moving average is $17.63. The last stock close price is down -11.82% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 1,614,922 shares of CNO changing hands under the typical 1,849,040

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CNO Financial Group Inc (NYSE:CNO)

CNO Financial Group Inc has price-earnings ratio of 10.45 with a one year low of $14.66 and a one year high of $20.88 and has a total market value of $0.

A total of 9 analysts have released a research note on CNO. Four brokerages rating the company a strong buy, 2 brokers rating the stock a buy, 5 firms rating the stock a hold, 0 analysts rating the company a underperform, and finally zero brokerages rating the stock a sell with a average stock price target of $20.33.

Brief Synopsis On CNO Financial Group Inc (NYSE:CNO)

CNO Financial Group, Inc. is a holding company for a group of insurance companies operating across the United States that develop, market and administer health insurance, annuity, individual life insurance and other insurance products. It operates through three operating segments: Bankers Life, Washington National and Colonial Penn. The Bankers Life segment markets and distributes Medicare supplement insurance, interest-sensitive life insurance, traditional life insurance, fixed annuities and long-term care insurance products through a field force of career agents and sales managers supported by a network of sales offices. The Washington National segment markets and distributes supplemental health, including specified disease, accident and hospital indemnity insurance products, and life insurance. The Colonial Penn segment markets graded benefit and simplified issue life insurance through television advertising, direct mail, the Internet and telemarketing.

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