Unum Group Stock-What Analysts Are Expecting?

Unum Group Stock

Unum Group stock (UNM:NYE) has had a strong performance on the markets this year, and analysts are optimistic that this trend will continue. The stock, which trades on the New York Stock Exchange, has risen more than 5% since the beginning of the year and is up almost 10% since the beginning of the month.

Analysts have been bullish on the Unum Group stock, with many maintaining “Buy” ratings and predicting that the stock will continue to rise in value. Analysts at Goldman Sachs, for instance, recently upgraded their rating to “Buy” and assigned a 12-month price target of $44 per share.

In addition, analysts at William Blair are forecasting an increase in earnings for Unum Group stock in the coming year. They anticipate earnings of $4.72 per share for the upcoming quarter and $4.85 for the full year. This would mark a year-over-year increase of 5.6%, which is significantly higher than the estimated 2.2% growth for the S&P 500.

Overall, analysts have high expectations for Unum Group’s stock performance in the coming months. With a strong fundamental story, solid earnings growth, and a steady dividend yield, the company looks well-positioned to continue its strong performance on the markets.

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