In a recent update, Morgan Stanley has adjusted its price target for Globe Life (GL, Financial), increasing it from $125.00 to $127.00. This adjustment represents a 1.60% rise in the price target and highlights a positive outlook for the company's stock performance.
The analyst behind this update, Nigel Dally, has maintained an "Equal-Weight" rating for Globe Life (GL, Financial), consistent with the prior assessment. This rating reflects a neutral stance, indicating that the stock is expected to perform in line with the overall market.
The new price target and maintained rating by Morgan Stanley came into effect on July 14, 2025, and emphasize the bank's steady confidence in Globe Life's (GL, Financial) potential in the current market climate.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Globe Life Inc (GL, Financial) is $144.56 with a high estimate of $188.00 and a low estimate of $111.00. The average target implies an upside of 20.96% from the current price of $119.51. More detailed estimate data can be found on the Globe Life Inc (GL) Forecast page.
Based on the consensus recommendation from 11 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 $148.86, suggesting a upside of 24.56% from the current price of $119.51. 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.
