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Enter Symbol:
Rating: CNO
Outperform $16

CNO Financial Group Inc. (NYSE: CNO) reiterated to Outperform with price target $16 by FBR Capital

Tuesday,  Jul 9, 2013  8:25 AM ET by Kristen Bailey

FBR Capital reiterated CNO Financial Group Inc. (NYSE: CNO) to Outperform with
price target $16. FBR Capital rated CNO Financial Group Inc. (NYSE: CNO) to Outperform with price target $12 on 10/01/2012, when the price was $9.98.

Conseco, Inc. (CNO) is the holding company for a group of insurance companies operating throughout the United States that develops, markets and administers supplemental health insurance, annuity, individual life insurance and other insurance products. The Company focuses on serving the senior and middle-income markets. CNO sells its products through three distribution channels: career agents, professional independent producers (some of whom sell one or more of its product lines) and direct marketing. The Company manages its business through three primary business segments: Bankers Life, Colonial Penn and Conseco Insurance Group.

FBR Capital uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.



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