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A statement released earlier today by Zacks Investment Research about Unum Group (NYSE:UNM) bumps the target price to $47.00

Just yesterday Unum Group (NYSE:UNM) traded 0.74% higher at $42.02. Unum Group’s 50-day moving average is $38.20 and its 200-day moving average is $35.23. The last stock price is up 20.17% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 365,627 shares of UNM traded hands, down from an average trading volume of 1,790,230

Zacks Investment Research raised the target price of Unum Group (NYSE:UNM) to $47.00 indicating a possible upside of 0.12%.

Recent Performance Chart

Unum Group (NYSE:UNM)

Unum Group has 52 week low of $23.99 and a 52 week high of $43.47 with a PE ratio of 11.11 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 16 brokerages have issued a ratings update on the company. The average stock price target is $36.06 with 2 brokerages rating the stock a strong buy, 6 brokerages rating the stock a buy, 10 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Unum Group (NYSE:UNM)

Unum Group is a provider of disability insurance products in the United States and the United Kingdom. The Company provides a portfolio of other insurance products, including employer and employee paid group benefits, life insurance and other related services. Its segments are Unum US, Unum UK, Colonial Life, Closed Block and Corporate. The Unum US segment includes group long-term and short-term disability insurance, group life and accidental death and dismemberment products, and supplemental and voluntary lines of business. The Unum UK segment includes insurance for group long-term disability, group life, and supplemental lines of business, which include individual disability and critical illness products. The Colonial Life segment includes insurance for accident, sickness, and disability products, life products, and cancer and critical illness products. The Closed Block segment consists of individual disability, group and individual long-term care, and other insurance products.

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