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Rating: CNO

CNO Financial Group Inc. (NYSE: CNO) rated to Buy by Citigroup

Friday,  Jan 3, 2014  8:25 AM ET by Dave Ficere

Citigroup rated CNO
Financial Group Inc. (NYSE: CNO) to Buy.

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.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.

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