This CNO Financial Group Analyst Is Turning Bullish: Health, Life Products Exhibit 'Consistent Profitability'
This CNO Financial Group Analyst Is Turning Bullish: Health, Life Products Exhibit 'Consistent Profitability'
CNO Financial Group Inc (NYSE:CNO) and other financial stocks have been in focus after some of the sector's biggest banks reported first-quarter results.
CNO Financial Group Inc（紐約證券交易所代碼：CNO）和其他金融股一直是人們關注的焦點，此前該行業的一些最大銀行公佈了第一季度業績。
While the stock has underperformed the broader life insurance group so far this year, its attractiveness is boosted by the "increasing scarcity value" in small- to mid-cap life insurance players, according to Piper Sandler.
派珀·桑德勒表示，儘管該股今年迄今爲止的表現低於更廣泛的人壽保險集團，但中小型人壽保險公司的 “稀缺價值增加” 提振了其吸引力。
The CNO Financial Group Analyst: John Barnidge upgraded the rating for CNO Financial Group from Neutral to Overweight, while keeping the price target unchanged at $29.
CNO金融集團分析師：約翰·巴尼奇將CNO金融集團的評級從中性上調至增持，同時將目標股價維持在29美元不變。
The CNO Financial Group Thesis: "The company's product portfolio is not over-indexed to legacy liabilities," Barnidge wrote said in the upgrade note.
CNO Financial Group的論點：“該公司的產品組合並未與傳統負債掛鉤，” 巴尼奇在升級說明中寫道。
Check out other analyst stock ratings.
查看其他分析師股票評級。
While the long-term care (LTC) insurance products had been "persistently unprofitable," the pandemic changed that, the analyst stated. CNO Financial Group's LTC product "has generally low capped benefits so is more frequency than severity" and that business has support from a reinsurance relationship with RGA, he added.
分析師表示，儘管長期護理（LTC）保險產品 “一直無利可圖”，但疫情改變了這種狀況。他補充說，CNO Financial Group的LTC產品 “福利上限通常較低，因此頻率大於嚴重程度”，該業務得到了與RGA再保險關係的支持。
CNO Financial Group's health and life products have exhibited "consistent profitability," Barnidge further said.
巴尼奇進一步表示，CNO金融集團的健康和生命產品表現出 “穩定的盈利能力”。
"With CNO now a couple quarters removed from completion of establishing CNO Bermuda, we would not be surprised to see CNO working on pursuing additional optionality for its liability profile with our expectation being this could include the Bermuda entity migrating out of just supporting annuities," the analyst wrote.
該分析師寫道：“由於CNO現在距離完成百慕大CNO的設立還有幾個季度，看到CNO努力爲其負債狀況尋求更多選擇性也就不足爲奇了，我們預計這可能包括百慕大實體從支持年金中遷出。”
CNO Price Action: Shares of CNO Financial Group had risen by 0.06% to $25.23 at the time of publication on Tuesday.
CNO價格走勢：截至週二發佈時，CNO金融集團的股價上漲了0.06％，至25.23美元。
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譯文內容由第三人軟體翻譯。