11:45 AM EDT, 05/09/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our 12-month target price of $112, valuing AFL shares at 15.6x our '26 operating EPS estimate of $7.20 (cut today by $0.20), versus their one year average forward multiple of 15.2x and a peer average of 8.3x. We also lower our '25 EPS estimate by $0.25, to $6.80, after AFL posted Q1 operating EPS of $1.66, unchanged from a year ago. Results lagged our $1.81 EPS estimate and the $1.68 consensus forecast, on a 2.8% drop in operating revenues amid 2.2% lower earned premiums and a 4.5% decline in investment income. The weaker yen/dollar exchange rate had a negative $0.01 impact on the current quarter's EPS results. but, total new annualized Q1 sales in Japan rose by 12.5%, year to year, on strong sales of a core life insurance product and positive market acceptance of a new cancer insurance product. Q1 U.S. sales growth of 3.5% in the U.S. mainly reflected higher sales of group products. Weighing AFL's premium valuation (versus peers and historical averages) with what we view as mixed Q1 results, we view the shares as fairly valued.