Piper Sandler Increases Kemper (NYSE:KMPR) Price Target to $72.00

Kemper (NYSE:KMPRGet Free Report) had its price target lifted by equities researchers at Piper Sandler from $66.00 to $72.00 in a note issued to investors on Monday, Benzinga reports. The brokerage presently has an “overweight” rating on the insurance provider’s stock. Piper Sandler’s price objective would indicate a potential upside of 21.48% from the company’s current price.

Other equities research analysts have also issued research reports about the stock. Raymond James upped their target price on shares of Kemper from $60.00 to $70.00 and gave the stock a “strong-buy” rating in a report on Friday, January 26th. UBS Group upped their target price on shares of Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Monday, February 5th. Finally, TD Cowen initiated coverage on shares of Kemper in a report on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 price objective for the company. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $71.67.

Check Out Our Latest Stock Analysis on Kemper

Kemper Price Performance

Shares of NYSE KMPR opened at $59.27 on Monday. The firm has a market cap of $3.81 billion, a PE ratio of -13.95 and a beta of 0.91. The firm has a fifty day moving average of $59.05 and a 200 day moving average of $50.22. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.20 and a current ratio of 0.20. Kemper has a one year low of $38.32 and a one year high of $64.69.

Kemper (NYSE:KMPRGet Free Report) last issued its quarterly earnings results on Thursday, February 1st. The insurance provider reported $0.78 EPS for the quarter, hitting the consensus estimate of $0.78. Kemper had a negative net margin of 5.50% and a negative return on equity of 2.37%. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.21 billion. As a group, research analysts predict that Kemper will post 4.14 EPS for the current fiscal year.

Hedge Funds Weigh In On Kemper

A number of hedge funds have recently modified their holdings of the business. Blue Trust Inc. lifted its holdings in shares of Kemper by 211.1% during the fourth quarter. Blue Trust Inc. now owns 532 shares of the insurance provider’s stock worth $26,000 after purchasing an additional 361 shares during the period. Gyon Technologies Capital Management LP acquired a new stake in Kemper in the fourth quarter valued at $29,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in Kemper in the third quarter valued at $31,000. Exchange Traded Concepts LLC acquired a new stake in Kemper in the third quarter valued at $32,000. Finally, KBC Group NV acquired a new stake in Kemper in the fourth quarter valued at $63,000. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

About Kemper

(Get Free Report)

Kemper Corporation, a diversified insurance holding company, engages in the provision of insurance products to individuals and businesses in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.

Further Reading

Analyst Recommendations for Kemper (NYSE:KMPR)

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