Rating:
Sell AFL
3.49 %
Aflac Incorporated (AFL) downgraded to Sell with price target $34 by UBS
Posted on: Monday, Jan 9, 2012 11:25 AM ET by UBS
UBS rated Sell Aflac Incorporated (NYSE: AFL) on 01/09/2012, when the stock price was $42.50. Since then, Aflac Incorporated
has gained 3.62% of its value until UBS rated AFL Neutral on 07/18/2012, when the price was $44.04.
If you would have followed this UBS's recommendation on AFL, you would have lost 3.49% of your investment in 191 days.
Aflac Incorporated is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services and making capital available. Its principal business is supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac), which operates in the United States (Aflac U.S.) and as a branch in Japan (Aflac Japan). Aflac?s insurance business consists of two segments: Aflac Japan and Aflac U.S. Aflac Japan sells cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans and annuities. Aflac U.S. sells accident/disability plans, cancer expense plans, short-term disability plans, sickness and hospital indemnity plans, hospital intensive care plans, fixed-benefit dental plans, vision care plans, long-term care plans and life insurance products.
UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers.
In Switzerland,
UBS is the market leader in retail and commercial banking.
With headquarters in Zurich and Basel, Switzerland,
UBS operates in over 50 countries and from all major international centers.
UBS employs more than 80,000 people.