CNO Financial Group (CNO) Given a $25.00 Price Target at Wells Fargo & Co

CNO Financial Group (NYSE:CNO) has been given a $25.00 price target by equities researchers at Wells Fargo & Co in a research report issued to clients and investors on Tuesday. The firm presently has a “hold” rating on the financial services provider’s stock. Wells Fargo & Co’s target price would suggest a potential upside of 8.70% from the company’s current price.

A number of other equities analysts also recently issued reports on CNO. Zacks Investment Research raised CNO Financial Group from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a report on Wednesday, January 10th. Goldman Sachs Group assumed coverage on CNO Financial Group in a report on Wednesday, October 18th. They issued a “neutral” rating and a $24.00 price target for the company. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $24.00 price target on shares of CNO Financial Group in a report on Thursday, December 21st. Finally, B. Riley reaffirmed a “buy” rating on shares of CNO Financial Group in a report on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $24.17.

Shares of CNO Financial Group (NYSE CNO) traded down $0.27 on Tuesday, reaching $23.00. The company had a trading volume of 883,067 shares, compared to its average volume of 1,120,355. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.16 and a quick ratio of 0.16. The firm has a market capitalization of $3,841.76, a P/E ratio of 22.82, a price-to-earnings-growth ratio of 1.17 and a beta of 1.10. CNO Financial Group has a 52-week low of $19.37 and a 52-week high of $26.47.

Several hedge funds have recently bought and sold shares of the company. Icon Advisers Inc. Co. boosted its holdings in shares of CNO Financial Group by 5.6% in the fourth quarter. Icon Advisers Inc. Co. now owns 41,600 shares of the financial services provider’s stock valued at $1,027,000 after acquiring an additional 2,200 shares during the period. Pacer Advisors Inc. boosted its holdings in shares of CNO Financial Group by 11.6% in the third quarter. Pacer Advisors Inc. now owns 25,336 shares of the financial services provider’s stock valued at $591,000 after acquiring an additional 2,625 shares during the period. Profund Advisors LLC boosted its holdings in shares of CNO Financial Group by 13.0% in the fourth quarter. Profund Advisors LLC now owns 25,833 shares of the financial services provider’s stock valued at $638,000 after acquiring an additional 2,962 shares during the period. Meeder Asset Management Inc. boosted its holdings in shares of CNO Financial Group by 114.1% in the fourth quarter. Meeder Asset Management Inc. now owns 6,084 shares of the financial services provider’s stock valued at $150,000 after acquiring an additional 3,243 shares during the period. Finally, Aperio Group LLC boosted its holdings in shares of CNO Financial Group by 3.5% in the third quarter. Aperio Group LLC now owns 97,748 shares of the financial services provider’s stock valued at $2,281,000 after acquiring an additional 3,336 shares during the period. 96.05% of the stock is owned by institutional investors and hedge funds.

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CNO Financial Group Company Profile

CNO Financial Group, Inc is a holding company for a group of insurance companies operating throughout the United States that develops, markets and administers health insurance, annuity, individual life insurance and other insurance products. The Company’s segments include Bankers Life, Washington National and Colonial Penn.

Analyst Recommendations for CNO Financial Group (NYSE:CNO)

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