zintick
UNM Unum GroupAnalyst actions

JPMorgan Upgrades Unum Group to Overweight, Cuts Target to $90

The new $90 target is below the $98.00 median target among the 11 firms that rated the stock in the past year.

By Zintick Team · Editor: Kratik Mehta
Published

Happy insurance agent and senior couple talking while going through paperwork on a meeting in the office.
Photo: True Touch Lifestyle/Shutterstock.com

Key points

  • JPMorgan upgraded Unum Group to overweight from neutral and cut its target to $90 from $98
  • Unum closed at $76.75 on Nov. 6; the shares fell 15.8% over the 20 sessions to that close
  • Before Monday, 11 firms rated the stock: seven positive, four neutral, none negative
  • Median target before the action was $98.00; the new JPMorgan target is $90

JPMorgan upgraded Unum Group (NYSE: UNM) to overweight from neutral before the open on Monday and cut its price target to $90 from $98.

One firm acted on the stock Monday. The action came six days after Unum filed a current report with the Securities and Exchange Commission.

Unum closed at $76.75 on Friday, Nov. 6. Over the 20 sessions to that close, the shares fell 15.8%.

Before Monday, 11 firms had rated the stock in the past year: seven positive, four neutral and none negative. Their median target was $98.00, with targets ranging from $77.00 to $123.00. JPMorgan's new target of $90 sits below that median.

Company scale

Based on 155.0 million shares and Friday's close, Unum's market value was about $11.89 billion. For fiscal 2025, revenue was $13.08 billion, up 1% from a year earlier, while net income fell 58% to $738.5 million. Diluted earnings per share were $4.27, compared with $9.46 a year earlier.

Sources

Written with AI from analyst rating changes, SEC filings and market data, and checked against those sources before publishing. Our editorial standards.

More analyst ratings

UNM page →

Filings, figures and price history are on the Unum Group page.