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Aflac (AFL) Stock Forecast & Price Target

Aflac logo
$110.24 -0.39 (-0.35%)
(As of 11/20/2024 ET)

Aflac - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
3
Hold
9
Buy
3

Based on 15 Wall Street analysts who have issued ratings for Aflac in the last 12 months, the stock has a consensus rating of "Hold." Out of the 15 analysts, 3 have given a sell rating, 9 have given a hold rating, and 3 have given a buy rating for AFL.

Consensus Price Target

$97.93
-11.16% Downside
According to the 15 analysts' twelve-month price targets for Aflac, the average price target is $97.93. The highest price target for AFL is $124.00, while the lowest price target for AFL is $75.00. The average price target represents a forecasted downside of -11.16% from the current price of $110.24.
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AFL Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
Hold
9 Hold rating(s)
9 Hold rating(s)
8 Hold rating(s)
6 Hold rating(s)
Sell
3 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$97.93$97.53$91.69$79.63
Forecasted Upside-11.16% Downside-13.04% Downside-14.57% Downside-3.39% Downside
Consensus Rating
Hold
Hold
Hold
Hold

AFL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AFL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Aflac Stock vs. The Competition

TypeAflacFinance CompaniesS&P 500
Consensus Rating Score
2.00
2.49
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside-11.16% Downside12.91% Upside9.83% Upside
News Sentiment Rating
Positive News

See Recent AFL News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/5/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$106.00 ➝ $107.00+2.22%
11/1/2024Truist Financial
2 of 5 stars
 Boost TargetHold ➝ Hold$100.00 ➝ $105.00-0.72%
10/10/2024Bank of America
4 of 5 stars
 Boost TargetBuy ➝ Buy$115.00 ➝ $124.00+11.27%
10/9/2024TD Cowen
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D. Bergman
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Initiated CoverageHold$102.00-9.31%
10/3/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$85.00 ➝ $90.00-20.57%
10/2/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$114.00 ➝ $122.00+8.13%
9/26/2024Evercore ISI
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 Boost TargetUnderperform ➝ Underperform$84.00 ➝ $90.00-17.95%
9/4/2024Barclays
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A. Scott
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Initiated CoverageUnderweight$96.00-13.12%
8/19/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$91.00 ➝ $98.00-6.78%
8/14/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$84.00 ➝ $109.00+7.15%
7/23/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$84.00 ➝ $93.00-1.57%
6/28/2024Jefferies Financial Group
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 Lower TargetHold ➝ Hold$84.00 ➝ $83.00-7.63%
4/10/2024Keefe, Bruyette & Woods
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 Boost TargetMarket Perform ➝ Market Perform$83.00 ➝ $87.00+4.62%
2/2/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$83.00 ➝ $88.00+15.17%
1/9/2024The Goldman Sachs Group
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 Boost TargetSell ➝ Sell$61.00 ➝ $75.00-9.50%
6/9/2023888
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 Reiterated RatingReiterates
6/9/202358.com
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 Reiterated RatingReiterates
4/27/2023VNET Group
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 Reiterated RatingMaintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 09:16 AM ET.


Should I Buy Aflac Stock? AFL Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 4, 2024. Please send any questions or comments about these Aflac pros and cons to contact@marketbeat.com.

Aflac
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Aflac Incorporated:

  • Aflac Incorporated reported an EPS of $1.83 for the quarter, beating the consensus estimate by $0.23, indicating strong financial performance.
  • Aflac's net margin of 28.35% and return on equity of 16.22% showcase the company's profitability and efficient use of shareholder equity.
  • The firm had revenue of $5.14 billion for the quarter, surpassing analyst estimates, demonstrating strong revenue generation capabilities.
  • Aflac's dividend yield of 1.85% provides investors with a steady income stream, enhancing the overall return on investment.
  • Recent analyst ratings have been positive, with several firms raising their price targets on Aflac stock, indicating confidence in the company's future growth potential.

Aflac
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Aflac Incorporated for these reasons:

  • Aflac's revenue for the quarter was down .7% compared to the same quarter last year, signaling a slight decline in revenue growth.
  • The company's stock price has a 52-week high of $111.14, which may indicate limited potential for significant short-term capital appreciation.
  • While Aflac's payout ratio is relatively low at 22.08%, indicating a sustainable dividend policy, it may also suggest limited reinvestment opportunities for future growth.
  • Three equities research analysts have rated the stock with a sell rating, potentially reflecting concerns about certain aspects of Aflac's business or industry outlook.
  • Aflac's PEG ratio of 2.53 may indicate that the stock is currently overvalued relative to its earnings growth potential, posing a risk for investors seeking value.

AFL Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Aflac is $97.93, with a high forecast of $124.00 and a low forecast of $75.00.

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Aflac in the last year. There are currently 3 sell ratings, 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" AFL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AFL, but not buy additional shares or sell existing shares.

According to analysts, Aflac's stock has a predicted downside of -11.16% based on their 12-month stock forecasts.

Aflac has been rated by research analysts at Bank of America, Barclays, Evercore ISI, JPMorgan Chase & Co., Piper Sandler, TD Cowen, Truist Financial, and Wells Fargo & Company in the past 90 days.

Analysts like Aflac less than other "finance" companies. The consensus rating score for Aflac is 2.00 while the average consensus rating score for "finance" companies is 2.49. Learn more on how AFL compares to other companies.


This page (NYSE:AFL) was last updated on 11/21/2024 by MarketBeat.com Staff
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