Tuesday, October 22, 2024
HomeFinnacialHSBC Global Research lowers UnitedHealth Group stock rating.

HSBC Global Research lowers UnitedHealth Group stock rating.

Several analysts recently updated their ratings on UnitedHealth Group (UNH). TD Cowen raised their target price from $601 to $609 and gave it a “buy” rating. Cantor Fitzgerald increased their target from $591 to $644 and rated it “overweight.” StockNews.com upgraded it from “hold” to “buy.” UBS Group decreased their target from $680 to $650 while maintaining a “buy” rating. Stephens lowered their target from $632 to $605, also giving an “overweight” rating. Currently, 3 analysts rate it as “hold,” 18 as “buy,” and 2 as “strong buy,” leading to a consensus rating of “Moderate Buy” with a price target of $615.58.

View Our Latest Analysis on UNH

UnitedHealth Group Price Performance

UNH shares opened at $569.61 on Thursday. Key metrics include a debt-to-equity ratio of 0.74 and a market cap of $525.99 billion. The stock’s 52-week range is $436.38 to $608.63. Recently, UnitedHealth reported $7.15 in earnings per share (EPS) for Q3, beating estimates of $7.00, with revenues of $100.82 billion, up 9.2% year-over-year.

UnitedHealth Group Dividend Announcement

The company recently paid a quarterly dividend of $2.10 per share on September 24, with an annual yield of 1.47%.

Institutional Investors Weigh In

Recent activity includes Kathleen S. Wright Associates buying a new position and various investors increasing their stakes significantly. Institutional investors now own 87.86% of the company.

About UnitedHealth Group

(Get Free Report) UnitedHealth Group is a diversified healthcare company in the U.S., operating through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx.

See Also

Analyst Recommendations for UnitedHealth Group (NYSE:UNH)

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