Aetna (NYSE:AET) : 14 Wall Street analysts covering Aetna (NYSE:AET) believe that the average level the stock could reach for the short term is $136.21. The maximum price target given is $163 and the minimum target for short term is around $80, hence the standard deviation is calculated at $19.44.
Other Equity analysts have also commented on the company shares. Bernstein initiates coverage on Aetna (NYSE:AET).The analysts at the brokerage house have a current rating of Outperform on the shares. The rating by the firm was issued on June 16, 2016.
Aetna (NYSE:AET): stock turned positive on Thursday. Though the stock opened at $121.72, the bulls momentum made the stock top out at $121.72 level for the day. The stock recorded a low of $120.16 and closed the trading day at $121, in the green by 0.70%. The total traded volume for the day was 1,946,565. The stock had closed at $120.16 in the previous days trading.
The company shares have dropped -9.38% from its 1 Year high price. On Jun 26, 2015, the shares registered one year high at $134.40 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $115.78 and the 200 Day Moving Average price is recorded at $110.17. On the companys insider trading activities,The officer (EVP, Operations & Technology) of Aetna Inc /Pa/, Mccarthy Margaret M sold 39,169 shares at $114.45 on May 10, 2016. The Insider selling transaction had a total value worth of $4,482,892. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Aetna Inc. is a diversified health care benefits company. The Company offers a range of traditional, voluntary and consumer-directed health insurance products and related services. The Companys operations are conducted in three business segments: Health Care, Group Insurance and Large Case Pensions. The Companys Health Care segment includes medical, pharmacy benefit management services, dental, behavioral health and vision plans. The Companys Group Insurance segments products consist primarily of Life Insurance Products, Disability Insurance Products and Long-Term Care Insurance Products. The Companys Large Case Pensions segment manages a variety of retirement products (including pension and annuity products) primarily for tax-qualified pension plans. The Companys customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, Governmental units, Government-sponsored plans, labor groups and expatriates.