Anthem (ANTM) : The consensus on Anthem (ANTM) based on 15 analyst recommendation on the company stock is 1.93, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Anthem (ANTM) stock is expected to deviate a maximum of $13.62 from the average target price of $165.46 for the short term period. 13 Street Experts have initiated coverage on the stock with the most promising target being $190 and the most muted being $150.
For the current week, the company shares have a recommendation consensus of Buy. Anthem (NYSE:ANTM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $128.37 and $127.60 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $128.60. The buying momentum continued till the end and the stock did not give up its gains. It closed at $128.20, notching a gain of 0.04% for the day. The total traded volume was 1,412,895 . The stock had closed at $128.15 on the previous day.
In a related news, Penczek Ronald W, officer (SVP, Chief Accounting Officer) of Anthem, Inc., unloaded 552 shares at an average price of $128.37 on August 3, 2016. The total amount of the transaction was worth $70,860, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.