Watch for Continued Gains in Shares of Unum Group (UNM)

Shares of Unum Group (NYSE:UNM) traded today at $32.15, eclipsing its 12-month high. So far today approximately 677,000 shares have been exchanged, as compared to an average 30-day volume of 2.7 million shares.

Unum Group is currently priced 5.8% above its average consensus analyst price target of $30.15.

Unum Group share prices have moved between a 12-month high of $32.15 and a 12-month low of $22.25 and are now trading 44% above that low price at $31.99 per share.

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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