Texas Capital Initiates Globe Life (GL) With Buy Rating and $170 Price Target

Globe Life Inc. (NYSE:GL) is one of the 15 Set-It-and-Forget-It Stocks to Buy in 2026.

Texas Capital Initiates Globe Life (GL) With Buy Rating and $170 Price Target

On March 19, 2026, Globe Life Inc.’s (NYSE:GL) coverage was initiated at Texas Capital. The firm assigned a Buy rating to the stock and set a price target of $170. Citing the continued growth of the company’s life and health distribution franchise, the firm described its valuation as attractive.

Previously, in a separate update, Wells Fargo raised its price target on Globe Life Inc. (NYSE:GL) from $170 to $171. The firm’s analyst Elyse Greenspan kept an Overweight rating on the shares. Wells Fargo has been broadly lowering its earnings per share (EPS) estimates after fourth-quarter corporate guidance fell short of consensus expectations for most companies. The firm is now rolling its valuation methodologies to 2027 EPS and introducing new 2028 estimates for stocks under its coverage.

CNN shows a consensus Buy view on Globe Life Inc. (NYSE:GL) among 15 analysts covering the stock as of March 25, 2026. The analysts have set a 1-year median price target of $171.

Founded in 1900, Globe Life Inc. (NYSE:GL) is a provider of life and supplemental health insurance. With headquarters in Texas, the company operates through three segments: Life Insurance, Supplemental Health Insurance, and Investments, and primarily focuses on the middle-income families.

While we acknowledge the risk and potential of GL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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