Brokerage Firm Rating Update on Cigna Corporation (CI)

Cigna Corporation (CI) has an average broker rating of 2.27, which is interpreted as a Buy, as rated by 11 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Cigna Corporation (CI) : The most positive equity analysts on Cigna Corporation (CI) expects the shares to touch $174, whereas, the least positive believes that the stock will trade at $99 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $147.56 with an expected fluctuation of $21.07 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Also, Brokerage firm Citigroup maintains its rating on Cigna Corporation (NYSE:CI). As per the latest information, the brokerage house raises the price target to $146 per share from a prior target of $174. The shares have been rated Buy. The rating by the firm was issued on August 3, 2016.

Cigna Corporation (NYSE:CI): stock was range-bound between the intraday low of $126.55 and the intraday high of $128.1 after having opened at $127.04 on Wednesdays session. The stock finally closed in the red at $127.04, a loss of -0.66%. The stock remained in the red for the whole trading day. The total traded volume was 951,684 shares. The stock failed to cross $128.1 in Wednesdays trading. The stocks closing price on Thursday was $127.58.

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.

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