UnitedHealth stock trades in the red for seventh consecutive day (NYSE:UNH)
UnitedHealth Group (NYSE:UNH) shares are trading in the red for the seventh straight session, down 1.59% at $474.21.
UNH has fallen 9.97% YTD and about 1.47% over the last 12 months.
Looking at Seeking Alpha’s Quant Ratings, this Minnetonka, Minnesota headquartered company has a Hold rating with a score of 3.27 out of 5.
When it comes to Wall Street analysis, 16 out of 26 analysts recommend a Strong Buy, 6 rate it as a Buy, 3 rate it as a Hold, and 1 rates it as Strong Sell.
Seeking Alpha analysts have a Buy rating on the company with a score of 4.00 out of 5.
UNH disclosed a cyber attack on its health tech unit Change on Feb 21st. Despite that, analysts seem to have a positive undertone for the stock.
SA analyst Mike Zaccardi said, “UnitedHealth Group is a strong player in the healthcare industry, with consistent earnings growth and solid yield.
UNH is expected to have another strong quarter with rising earnings and dividends, although the chart shows some challenges.”
UNH beat Wall Street estimates for its Q4 financials despite rising costs in its insurance arm and Optum business.
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