Shares of Unum Group (UNM) Rise to a New 52-Week High - Insurance News | InsuranceNewsNet

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September 15, 2022 Newswires
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Shares of Unum Group (UNM) Rise to a New 52-Week High

NetworkNewsWire (NNW)

Unum Group (NYSE:UNM) traded at a new 52-week high today of $40.75. So far today approximately 503,000 shares have been exchanged, as compared to an average 30-day volume of 1.5 million shares.

In the past 52 weeks, shares of Unum Group have traded between a low of $22.25 and a high of $40.75 and is now at $40.65, which is 83% above that low price.

Unum Group (NYSE:UNM) is currently priced 27.8% above its average consensus analyst price target of $29.35.

Unum Group is a provider of group and individual income protection insurance products in the United States, the United Kingdom, Poland, and other countries. It is the largest domestic disability insurer, with the majority of premiums generated from employer plans. The company also offers a complementary portfolio of other insurance products, including long-term care insurance, life insurance, and employer- and employee-paid group benefits. It has the following operating business segments: Unum US, Unum International, and Colonial Life. The majority of the revenue is earned from the Unum US segment. The firm markets its products primarily through brokers.

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