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.
Investment analysts gave a few price targets for CI. The most optimistic price target was 202, implying a possible profit of 16.51 percent. The minimum price target given was 123, implying a possible loss of -29.06 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.61 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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.
People are often interested in whether analysts were united in the direction of their revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. 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.
Analysts estimate earnings of CI to grow at a rate of 31.4 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. CI has a PEG ratio of 0.74.
In the trailing 52-weeks, CI hit 175.80 at the highest peak, while it's lowest trading point was 115.03. Currently the stock is 50.73 percent higher than its low, and 1.38 percent lower than its 52-week high. CI has a P/E 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's next earnings release will be on 0000-00-00, which is days away.