CNO Financial (CNO) is Initiated by Raymond James to Outperform , according to the research report released to the investors. The shares recommendation by the Brokerage Firm was released on Dec-22-2015.
Shares of CNO Financial Group, Inc. (NYSE:CNO) ended Thursday session in red amid volatile trading. The shares closed down 0.18 points or 0.95% at $18.85 with 1,344,206 shares getting traded. Post opening the session at $19.03, the shares hit an intraday low of $18.785 and an intraday high of $19.28 and the price vacillated in this range throughout the day. The company has a market cap of $3,505 million and the number of outstanding shares has been calculated to be 185,960,820 shares. The 52-week high of CNO Financial Group, Inc. (NYSE:CNO) is $20.88 and the 52-week low is $14.89.
During the last several months other analysts have commented on the company rating. Goldman Sachs initiates coverage on CNO Financial Group, Inc. (NYSE:CNO). According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on November 17, 2015.
Analysts at Zacks have given a short term rating of sell on CNO Financial Group, Inc. (NYSE:CNO) with a rank of 4. The shares has received an average rating of 2.33 from 3 brokerage firms. 1 analysts have rated the company as a strong buy. The shares has been rated as hold from 2 Wall Street Analysts.
CNO Financial Group, Inc. (NYSE:CNO) should head towards $21.33 per share according to 3 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $21 per share. The higher price estimate target is at $22 according to the Analysts.
CNO Financial Group, Inc. has lost 2.13% in the last five trading days and dropped 3.39% in the last 4 weeks. CNO Financial Group, Inc. is up 5.8% in the last 3-month period. Year-to-Date the stock performance stands at 11.12%.”
CNO Financial Group, Inc. (CNO) is a holding company for a group of insurance companies operating throughout the United States, which develops, markets and administers health insurance, annuity, individual life insurance and other insurance products. The Company sells its products through three distribution channels: career agents, independent producers (some of whom sell one or more of its product lines exclusively) and direct marketing. The Company’s operating segments include Bankers Life, Washington National and Colonial Penn, which are defined on the basis of product distribution; Other CNO Business, and corporate operations, consisted of holding company activities and noninsurance company businesses. In January 2012, the Company opened OurClinic@Carmel. In July 2014, Cno Financial Group Inc sold Conseco Life Insurance Company (CLIC) to Wilton Reassurance Company.