TD Cowen Sees 'Attractive Valuation' for Globe Life (GL)

TD Cowen analyst Andrew Kligerman reiterated a Buy rating and $199.00 price target on Globe Life (NYSE: GL).

The analyst commented: "We recently met in Texas with GL’s management, including co-CEOs Frank Svoboda and Matt Darden and CFO Tom Kalmbach. Management highlighted rising producing agent counts and positive sales trends in 2026 and see potential for double-digit EPS growth over the long term. GL appears on track to secure approval for Bermuda reinsurance and to reinsure an in-force block by year-end 2025. Attractive Valuation: GL trades at 9.5x NTM EPS, a 22% discount to its historical 12.1x average. Our $199 price target is based on a blended 12.1x 2027E EPS and implies ~40% upside."

For an analyst ratings summary and ratings history on Globe Life click here. For more ratings news on Globe Life click here.

Shares of Globe Life closed at $142.53 yesterday.

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