Market Update (NYSE:UNH): A.M. Best Assigns Ratings to UnitedHealth Group Incorporated’s New Senior Unsecured Notes

[ Business Wire] – A.M. Best has assigned issue ratings of “bbb+” to the recently issued senior unsecured notes of UnitedHealth Group Incorporated . The outlook assigned to all ratings is stable. Read more on this. UnitedHealth Group Incorporated (UNH) , with a current market cap of $114.27B, started the session at $119.93. Shares have traded today between $117.83 and $120.32 per share and has traded between $95.00 and $126.21 over the past year. UNH shares are currently priced at 15.19x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 30.78x forward p/e ratio. And for those looking to make a return holding the stock , the company pays shareholders $2.00 per share annually in dividends, yielding 1.70%. In a review of the consensus earnings estimate this quarter, 23 sell-side analysts are looking at $1.72 per share, which would be $0.17 better than the year-ago quarter and a $0.06 sequential increase. Investors should also note that the full-year EPS estimate of $7.73 is a $1.28 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $43.83 Billion. If realized, that would be a 22.57% increase over the year-ago quarter. More recently, Citigroup Initiated UNH at Buy (Oct 2, 2015). Previously, JP Morgan Initiated UNH at to Overweight. The average price target for UNH shares by the analysts covering the stock is $142.13, which is 18.51% above where the stock opened this morning. See more in (NYSE:UNH) Similar Articles: Company Update: UnitedHealth Group Incorporated (NYSE:UNH) – UnitedHealth Group Board Authorizes Payment of Quarterly Dividend to Shareholders Market Update: UnitedHealth Group Incorporated (NYSE:UNH) – WebMD denies UnitedHealth merger talks Market Update: UnitedHealth Group Incorporated (NYSE:UNH) – UnitedHealth Group’s Real Appeal Launches an Interactive Personalized Weight-Loss Program that Uses Celebrities and Technology to Motivate Participants