Anthem (ANTM) : The highest level Anthem (ANTM) is projected to reach is $190 for the short term and the lowest estimate is at $150. The consolidated price target from 11 rating analysts who initiate coverage on the stock is $164.09 and the possibility the share price can swing is $14.47.
Anthem (ANTM) : Zacks Investment Research ranks Anthem (ANTM) as 4, which is a Sell recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 1.86, which indicates as a Buy.
Also, Major Brokerage house, Barclays maintains its ratings on Anthem (NYSE:ANTM). In the latest research report, Barclays lowers the target price from $158 per share to $151 per share. According to the latest information available, the shares are now rated Equalweight by the analysts at the agency. The rating by the firm was issued on July 28, 2016.
Anthem (NYSE:ANTM): The stock opened at $124.90 on Thursday but the bulls could not build on the opening and the stock topped out at $125.72 for the day. The stock traded down to $123.18 during the day, due to lack of any buying support eventually closed down at $123.36 with a loss of -1.38% for the day. The stock had closed at $125.08 on the previous day. The total traded volume was 1,985,043 shares.
Anthem, Inc. is a health benefit company. The Company offers a range of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations (PPOs), health maintenance organizations (HMOs), point-of-service (POS), plans, traditional indemnity plans and other hybrid plans, including consumer-driven health plans (CDHPs), and hospital only and limited benefit products. In addition, the Company also provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services. The Company provides an array of specialty and other insurance products and services, such as dental, vision, life and disability insurance benefits, radiology benefit management and analytics-driven personal health care.