CNO Financial Group Inc (NYSE:CNO) has been downgraded to Strong Sell in a report by Zacks Investment Research today.
- Updated: November 29, 2016
Boasting a price of $17.79, CNO Financial Group Inc (NYSE:CNO) traded 0.17% higher on the day. With the last stock price close up 5.19% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. CNO Financial Group Inc has recorded a 50-day average of $16.27 and a two hundred day average of $16.94. Volume of trade was down over the average, with 233,277 shares of CNO changing hands under the typical 1,960,620
Zacks Investment Research has downgraded CNO Financial Group Inc (NYSE:CNO) to Strong Sell in a statement released on Tuesday November 29, 2016.
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CNO Financial Group Inc has a 52 week low of $14.30 and a one year high of $20.88 with a price-earnings ratio of 12.41 CNO’s total market value is presently $0.
A total of 9 analysts have released a report on CNO Financial Group Inc. 4 brokerages rating the stock a strong buy, 2 equity analysts rating the company a buy, five equity analysts rating the company a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $20.33.
About 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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