Cigna Corporation (CI) : 7 brokerage houses believe that Cigna Corporation (CI) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Cigna Corporation (CI). Zacks Investment Research suggests a Strong Sell with a rank of 5. 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 13 Wall Street Analysts endorse the stock as a Buy with a rating of 2.08.
Cigna Corporation (CI) : 11 investment research analysts covering Cigna Corporation (CI) have an average price target of $150.46 for the near short term. The highest target price given by the Brokerage Firm to the stock is $174 and the lowest target is $99 for the short term. Analysts expect the variance to be within $20.07 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Cigna Corporation (NYSE:CI): The stock opened at $128.19 on Thursday but the bulls could not build on the opening and the stock topped out at $129.29 for the day. The stock traded down to $126.47 during the day, due to lack of any buying support eventually closed down at $126.62 with a loss of -0.77% for the day. The stock had closed at $127.60 on the previous day. The total traded volume was 1,140,489 shares.
In a related news, The Securities and Exchange Commission has divulged that Cordani David, director officer (President & CEO) of Cigna Corp, had unloaded 71,006 shares at an average price of $139.16 in a transaction dated on March 4, 2016. The total value of the transaction was worth $9,881,195.
Cigna Corporation (Cigna), together with its subsidiaries, is a health services company. The Company offers medical, dental, disability, life and accident insurance and related products and services. The Company operates in three segments: Global Health Care, Global Supplemental Benefits and Group Disability and Life. The Global Health Care segment aggregates the commercial and Government operating segments. The Global Supplemental Benefits segment offers supplemental health, life and accident insurance products. The Group Disability and Life segment provides group long-term and short-term disability insurance, group life insurance, accident and specialty insurance and related services. Cigna offers commercial health and dental insurance, Medicare and Medicaid products and health, life and accident insurance coverages to individuals. It offers personal accident insurance coverage, consisting of accidental death and dismemberment and travel accident insurance.