Aflac Inc. (NYSE:AFL) Director Barbara K. Rimer sold 3,650 shares of the stock in a transaction on Monday, August 1st. The stock was sold at an average price of $71.74, for a total transaction of $261,851.00. Following the sale, the director now owns 15,910 shares of the company’s stock, valued at $1,141,383.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
AFL has been the subject of several recent analyst reports. Macquarie upgraded shares of Aflac from a “neutral” rating to an “outperform” rating in a research report on Thursday, April 14th. Sandler O’Neill cut shares of Aflac from a “buy” rating to a “hold” rating in a report on Monday, May 23rd. Citigroup Inc. restated a “buy” rating on shares of Aflac in a report on Sunday, May 22nd. Zacks Investment Research upgraded shares of Aflac from a “hold” rating to a “buy” rating and set a $71.00 price target for the company in a report on Tuesday, April 5th. Finally, Vetrupgraded shares of Aflac from a “hold” rating to a “buy” rating and set a $70.50 price target for the company in a report on Monday, June 27th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $69.25.
Source: American Banking and Market News