Barclays analyst Alex Scott maintains $Aflac Inc (AFL.US)$ with a sell rating, and maintains the target price at $98.
According to TipRanks data, the analyst has a success rate of 57.1% and a total average return of 10.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Aflac Inc (AFL.US)$'s main analysts recently are as follows:
The longer-term fundamental outlook for the life insurance sector may not be very positive, yet there is a short-term positive view on the performance of these stocks. Factors such as a favorable macroeconomic environment, robust balance sheets, and the ability of insurers to conduct share buybacks underpin further potential outperformance in this sector. The main concern cited is the potential worsening of corporate credit, which could pose a risk to the optimistic outlook.
Looking ahead to 2025, there is a positive outlook on life insurers within the insurance industry due to several factors, including prospects of improved free cash flow, benefits from higher interest rates, substantial excess capital positions, robust group benefits earnings, and potential for more reinsurance and merger activities. However, despite the long-term high quality of the property and casualty sector, current challenges in the underwriting cycle for property coverage and ongoing risks associated with casualty loss cost trends may hinder more favorable developments.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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