InvestorsObserver is giving UnitedHealth Group Inc (UNH) an Analyst Rating Rank of 59, meaning UNH is ranked higher by analysts than 59% of stocks. The average price target for UNH is $493.421 and analyst’s rate the stock as a Strong Buy.
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What’s Happening With UnitedHealth Group Inc Stock Today?
UnitedHealth Group Inc (UNH) stock is up 0.81% while the S&P 500 has fallen -0.36% as of 1:22 PM on Wednesday, Jan 5. UNH has risen $3.98 from the previous closing price of $490.90 on volume of 1,275,390 shares. Over the past year the S&P 500 is up 28.15% while UNH has risen 43.53%. UNH earned $16.12 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 30.68. Click Here to get the full Stock Report for UnitedHealth Group Inc stock. Source