Aetna (AET) : 10 brokerage houses believe that Aetna (AET) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Aetna (AET). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 18 Wall Street Analysts endorse the stock as a Buy with a rating of 1.86.
Aetna (AET) : Average target price received by Aetna (AET) is $135.64 with an expected standard deviation of $17.34. The most aggressive target on the stock is $152, whereas the most downbeat target is $80. 14 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Aetna (NYSE:AET): The stock opened at $119.79 on Thursday but the bulls could not build on the opening and the stock topped out at $119.82 for the day. The stock traded down to $118.78 during the day, due to lack of any buying support eventually closed down at $119.19 with a loss of -0.29% for the day. The stock had closed at $119.54 on the previous day. The total traded volume was 1,100,714 shares.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP, Operations & Technology) of Aetna Inc /Pa/, Mccarthy Margaret M had sold 39,169 shares worth of $4,482,892 in a transaction dated May 10, 2016. In this transaction, 39,169 shares were sold at $114.45 per share.
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.