Truist Raises its Price Target on Unum (UNM) to $96

Unum Group (NYSE:UNM) is one of the 10 All-Time High But Still Undervalued Stocks to Invest In.

On April 30, 2026, Truist raised its price target on Unum Group (NYSE:UNM) to $96 from $88 and maintained a Buy rating on the shares following the company’s Q1 earnings beat. The firm cited strong performance in Group Life and improved persistency across the core business.

Keefe Bruyette analyst Ryan Krueger has also raised the price target on Unum Group (NYSE:UNM) to $105 from $95 previously and kept an Outperform rating on the shares.

On April 28, 2026, Unum Group (NYSE:UNM) reported Q1 EPS of $2.14 versus $2.05 consensus and revenue of $3.36B compared to $3.00B expected. CEO Richard McKenney said the company delivered a “strong start to the year,” supported by premium growth, higher sales, and solid retention rates. McKenney also noted continued improvement in the Closed Block risk profile and highlighted $400M in share repurchases and $78M in dividends during the quarter. Unum expects FY26 EPS of $8.60-$8.90 versus $8.71 consensus.

Truist Raises its Price Target on Unum (UNM) to $96

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Unum Group (NYSE:UNM) provides financial protection and employee benefit products in the United States, the United Kingdom, and Poland.

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