Wall Street is positive on Globe Life Inc (GL). On average, analysts give GL a Buy rating. The average price target is $138.25, which means analysts expect the stock to add by 18.53% over the next twelve months.
That average ranking earns GL an Analyst Rating of 34, which is better than 34% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating GL a Buy today. Find out what this means to you and get the rest of the rankings on GL!
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Globe Life Inc Stock Today?
Globe Life Inc (GL) stock is up 0.59% while the S&P 500 has fallen -0.54% as of 3:13 PM on Friday, Mar 15. GL has gained $0.68 from the previous closing price of $115.96 on volume of 1,112,679 shares. Over the past year the S&P 500 is up 29.35% while GL has gained 7.22%. GL earned $10.07 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 11.58.
Click Here to get the full Stock Report for Globe Life Inc stock.
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