On May 19, 2025, Morgan Stanley announced a decision to maintain its "Equal-Weight" rating for Globe Life (GL, Financial). The financial analysis firm, renowned for its insights, highlighted a revised price target for the company.
The revised target price for Globe Life (GL, Financial) has been adjusted upward, moving from a prior target of $117.00 to a new target of $125.00. This adjustment represents a 6.84% increase in the price target, indicating a positive outlook for the company's future performance.
The analysis was conducted by Nigel Dally, an analyst at Morgan Stanley, who deemed the stock worthy of the existing "Equal-Weight" classification, reflecting a balanced view between potential risks and growth opportunities.
Investors and stakeholders are encouraged to consider these updates as part of their investment strategies regarding Globe Life (GL, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Globe Life Inc (GL, Financial) is $140.20 with a high estimate of $188.00 and a low estimate of $111.00. The average target implies an upside of 15.31% from the current price of $121.59. More detailed estimate data can be found on the Globe Life Inc (GL) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Globe Life Inc's (GL, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Globe Life Inc (GL, Financial) in one year is $148.01, suggesting a upside of 21.73% from the current price of $121.585. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Globe Life Inc (GL) Summary page.