UNH Stock Price Drops Amid Bullish Analyst Views
UnitedHealth Group Incorporated (UNH) is trading in the middle of its 52-week range and above its 200-day simple moving average, according to CNN. The price of UNH shares has decreased $7.62 since the market last closed, a 1.99% drop from $375.93. In pre-market trading, the stock has risen $0.77.
The company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. These segments provide health care coverage, software, data consultancy services, pharmacy care services, and more. Founded in January 1977 by Richard T. Burke, UNH has a market capitalization of $337.43 billion.
Analysts have been weighing in on the stock with various buy ratings and price targets. On September 14, Evercore ISI reaffirmed their Buy rating on UnitedHealth (UNH) with a target of $490. This is amidst long-term EPS growth confidence.