Analyst Ratings for Cigna Corp. (CI)Updated: 2017-07-28
Shares of Cigna Corp. (NYSE:CI) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for CI last month.
14 analysts declared CI a buy, 1 gave an overweight rating, 5 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for CI. The most optimistic price target was 202, implying a possible profit of 16.51 percent. The most pessimistic price target was 123, implying potential capital losses of -29.06 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.61 percent. The average change in earnings estimates over the last 90 days is 1.43 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.36 percent. If we look at the last 90 days instead, we find a net average change of 2.62 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 3 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
CI has an estimated earnings growth rate of 31.4 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CI is 0.74.
CI has a 52-week high of 175.80 and a 52-week low of 115.03. The current market price is above the trailing year's low by 50.73 percent, and below the high by 1.38 percent. CI has a price/earnings ratio of 23.14. Investors typically compare the P/E ratio to a company's peers in the industry. The CI value stock report compares CI to some of its peers using value stock charts. The market cap of CI is $44.05 billion. CI will post this quarters earnings in days, on 0000-00-00.