According to Zen Score, the 3 best property & casualty insurance stocks to buy right now are:
1. Manulife Financial (NYSE:MFC)
Manulife Financial (NYSE:MFC) is the top property & casualty insurance stock with a Zen Score of 55, which is 22 points higher than the property & casualty insurance industry average of 33. It passed 20 out of 38 due diligence checks and has strong fundamentals. Manulife Financial has seen its stock return 34.63% over the past year, underperforming other property & casualty insurance stocks by -9 percentage points.
Manulife Financial has an average 1 year
price target of $35.00, an upside of 34.56% from Manulife Financial's current stock price of $26.01.
Manulife Financial stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Manulife Financial, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Lincoln National (NYSE:LNC)
Lincoln National (NYSE:LNC) is the second best property & casualty insurance stock with a Zen Score of 54, which is 21 points higher than the property & casualty insurance industry average of 33. It passed 19 out of 38 due diligence checks and has strong fundamentals. Lincoln National has seen its stock return 51.94% over the past year, overperforming other property & casualty insurance stocks by 9 percentage points.
Lincoln National has an average 1 year
price target of $30.38, an upside of 2.1% from Lincoln National's current stock price of $29.75.
Lincoln National stock has a consensus Hold recommendation according to Wall Street analysts. Of the 8 analysts covering Lincoln National, 12.5% have issued a Strong Buy rating, 0% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 12.5% have issued a Strong Sell.
3. Aflac (NYSE:AFL)
Aflac (NYSE:AFL) is the third best property & casualty insurance stock with a Zen Score of 53, which is 20 points higher than the property & casualty insurance industry average of 33. It passed 19 out of 38 due diligence checks and has strong fundamentals. Aflac has seen its stock return 30.58% over the past year, underperforming other property & casualty insurance stocks by -13 percentage points.
Aflac has an average 1 year
price target of $83.89, a downside of -2.79% from Aflac's current stock price of $86.30.
Aflac stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering Aflac, 11.11% have issued a Strong Buy rating, 11.11% have issued a Buy, 55.56% have issued a hold, while 11.11% have issued a Sell rating, and 11.11% have issued a Strong Sell.