Globe Life Inc is set to release its first quarter 2025 earnings on April 30. Several notable asset management groups, including Alliancebernstein L.P., Invesco Ltd., and ExodusPoint Capital Management LP, have adjusted their stake in Globe Life, with some increasing their holdings, and others, like Alliancebernstein, decreasing. A legal investigation against Globe Life is also underway by Bronstein, Gewirtz & Grossman, LLC.
Morgan Stanley and Wells Fargo have readjusted their price target for the Globe Life stock to $117 and $140 respectively. The market sentiment around Globe Life continues to be positive, with analysts giving the company an average recommendation of "moderate buy". Some reports even hint at the Globe Life stock being undervalued currently.
Several other investment groups, including California Public Employees Retirement System and Corebridge Financial Inc, have recently reduced their stakes in Globe Life. Despite this, the company continues to reach new one-year highs and shows potential for steady gains. Lately, Globe Life has also announced plans to relocate its corporate headquarters and has pledged $2 million to the National Medal of Honor Museum Foundation.
Globe Life GL News Analytics from Thu, 11 Apr 2024 07:00:00 GMT to Sat, 12 Apr 2025 08:42:32 GMT -
Rating 6
- Innovation -4
- Information 7
- Rumor -3
