Zacks Investment Research downgraded CNO Financial Group Inc (NYSE:CNO) to Hold in a report released today.
- Updated: October 3, 2016
Zacks Investment Research has downgraded CNO Financial Group Inc (NYSE:CNO) to Hold in a report released on 10/3/2016.
On 9/30/2016, Deutsche Bank released a statement for CNO Financial Group Inc (NYSE:CNO) dropped the target price from $18.00 to $16.00. At the time, this indicated a possible upside of 0.04%.
Boasting a price of $14.81, CNO Financial Group Inc (NYSE:CNO) traded -1.77% lower on the day. The last stock price is down -14.84% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. CNO Financial Group Inc has recorded a 50-day average of $15.70 and a 200-day moving average of $17.61. 2,488,471 shares of the stock were exchanged, up from an average volume of 1,950,320
Recent Performance Chart
CNO Financial Group Inc has a one year low of $14.30 and a one year high of $20.88 with a price-earnings ratio of 10.08 CNO Financial Group Inc’s market capitalization is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 9 analysts have released a report on the company. The average stock price target is $20.33 with four brokerages rating the company a strong buy, 2 firms rating the stock a buy, 5 brokers rating the company a hold, zero brokerages rating the company a underperform, and lastly zero analysts rating the company a sell.
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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