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Globe Life (GL) Stock Forecast & Price Target

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$110.48 +1.49 (+1.37%)
(As of 11/22/2024 ET)

Globe Life - 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
0
Hold
4
Buy
6

Based on 10 Wall Street analysts who have issued ratings for Globe Life in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 4 have given a hold rating, 5 have given a buy rating, and 1 has given a strong buy rating for GL.

Consensus Price Target

$124.50
12.69% Upside
According to the 10 analysts' twelve-month price targets for Globe Life, the average price target is $124.50. The highest price target for GL is $188.00, while the lowest price target for GL is $86.00. The average price target represents a forecasted upside of 12.69% from the current price of $110.48.
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GL Analyst Ratings Over Time

TypeCurrent Forecast
11/25/23 to 11/24/24
1 Month Ago
10/26/23 to 10/25/24
3 Months Ago
8/27/23 to 8/26/24
1 Year Ago
11/25/22 to 11/25/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$124.50$123.80$108.33$134.38
Forecasted Upside12.69% Upside17.74% Upside6.03% Upside10.75% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

GL 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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GL 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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Globe Life Stock vs. The Competition

TypeGlobe LifeFinance CompaniesS&P 500
Consensus Rating Score
2.70
2.49
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside12.69% Upside10.24% Upside7.66% Upside
News Sentiment Rating
Positive News

See Recent GL News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/29/2024Keefe, Bruyette & Woods
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$120.00 ➝ $125.00+16.87%
10/25/2024Piper Sandler
2 of 5 stars
 Boost TargetOverweight ➝ Overweight$118.00 ➝ $130.00+21.22%
10/25/2024Truist Financial
2 of 5 stars
 Boost TargetHold ➝ Hold$90.00 ➝ $105.00-2.91%
10/24/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$110.00 ➝ $120.00+6.43%
10/15/2024Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$160.00 ➝ $188.00+68.84%
10/10/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$108.00 ➝ $117.00+9.68%
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10/9/2024TD Cowen
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A. Kligerman
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Initiated CoverageBuy$150.00+44.01%
6/28/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$85.00 ➝ $88.00+6.46%
6/26/2024Evercore ISI
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 Boost TargetIn-Line ➝ In-Line$83.00 ➝ $86.00+4.65%
2/8/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$133.00 ➝ $136.00+11.05%
12/19/2022Credit Suisse Group
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 Boost TargetOutperform$130.00 ➝ $140.00+20.17%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 10:52 AM ET.


GL Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Globe Life is $124.50, with a high forecast of $188.00 and a low forecast of $86.00.

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Globe Life in the last year. There are currently 4 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GL shares.

According to analysts, Globe Life's stock has a predicted upside of 12.69% based on their 12-month stock forecasts.

Globe Life has been rated by research analysts at Keefe, Bruyette & Woods, Morgan Stanley, Piper Sandler, Raymond James, TD Cowen, Truist Financial, and Wells Fargo & Company in the past 90 days.

Analysts like Globe Life more than other "finance" companies. The consensus rating for Globe Life is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how GL compares to other companies.


This page (NYSE:GL) was last updated on 11/24/2024 by MarketBeat.com Staff
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