On 11/6/24, CNO Financial Group Inc (NYSE: CNO) stock enjoyed a major increase of 10.8%, closing at $39.69. Moreover, this advance was accompanied by unusually high trading volume at 159% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 14.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CNO is expected to continue to be a Value Builder.
CNO Financial Group has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. CNO Financial Group has a neutral Appreciation Score of 51 but a very high Power Rating of 88, leading to the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment