AFLAC Rating Lowered to Sector Perform at RBC Capital (AFL)

By admin | 6 years ago

AFLAC (NYSE: AFL) was downgraded by research analysts at RBC Capital (NYSE: RY) from an “outperform” rating to a “sector perform” rating in a report released on Thursday.

Shares of AFLAC traded down 1.10% during mid-day trading on Thursday, hitting $39.38. AFLAC has a 52 week low of $31.25 and a 52 week high of $50.48. The company has a market cap of $18.415 billion and a P/E ratio of 7.91.

Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays Capital (NYSE: BCS) reiterated an “overweight” rating on shares of AFLAC in a research note to investors on Friday, May 11st. Separately, analysts at Zacks reiterated a “neutral” rating on shares of AFLAC in a research note to investors on Monday, April 30th. They now have a $47.00 price target on the stock. Finally, analysts at UBS AG (NYSE: UBS) cut their EPS estimates on shares of AFLAC in a research note on Monday. They now have a “sell” rating on the stock.

Aflac Incorporated (Aflac) is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries.

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