Extremely significant positive changes in Unitedhealth Group Inc (NYSE: UNH) investment behavior have recently occurred: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and its shorter term price trend turned up.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, UNH is expected to continue to be a major Value Builder.
Unitedhealth Group has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Unitedhealth Group has a slightly negative Power Rating of 37 and a slightly negative Appreciation Score of 32, and the Negative Value Trend Rating results.
Recent Price Action
On 5/15/24, Unitedhealth Group Inc (NYSE: UNH) stock rose modestly by 0.7%, closing at $517.55. However, below average trading volume at 69% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 3.3% during the last week.
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