Wells Fargo analyst Elyse Greenspan has maintained their bullish stance on UNM stock, giving a Buy rating today.
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Elyse Greenspan’s rating is based on the anticipation of improved financial performance of Unum Group in 2025. Despite a slight earnings miss in the fourth quarter, the forecast for earnings growth remains positive, with expectations of an 8-12% increase in EPS for the coming year. This growth outlook, coupled with management’s guidance, suggests that the company is on a solid path to recovery.
Additionally, Greenspan highlights the company’s strategic direction and resilience. Unum Group is maintaining its guidance for earnings in supplementary and voluntary segments, despite recent challenges. Furthermore, the company shows flexibility in capital management, which could enhance shareholder value. These factors together contribute to the optimistic Buy rating, as Greenspan foresees potential upside in the company’s stock performance.
In another report released today, KBW also maintained a Buy rating on the stock with a $88.00 price target.