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.
CI was given price targets by several analysts. The highest price target was 202, implying potential capital gains of 16.51 percent. The minimum price target given was 123, implying potential capital losses of -29.06 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.36 percent, as compared to a month ago. 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. Over the past month, 3 analysts increased their quarterly estimates, 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. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. The current market price is above the trailing year's low by 50.73 percent, and 1.38 percent below the 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.