J.P. Morgan Maintains Neutral Rating On Unum Group

According to J.P. Morgan, Unum Group UNM results were marked by a slight EPS miss, stable U.S. margins and sales, weak UK margins and sales, and a decline in persistency. J.P. Morgan said that, “Our long term view is relatively positive given the company's strong capital position and leverage to an improving economy. However, we are maintaining our Neutral rating due to a cautious outlook for near term growth.” Unum Group closed yesterday at $26.15.