Stock To Watch: Cigna Corporation (NYSE:CI)


The leading market experts have placed a mean price target of $166.08 on Cigna Corporation (NYSE:CI) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $2.44 a share for the upcoming quarter and $9.29 for the current fiscal. Technical View The technical analysis of Cigna Corporation Common Stock plainly substantiates that the 50-day moving average of Cigna Corporation Common Stock is $128.30, and stock is hovering -0.03 or -0.03% distant from $128.30. It is noted that the 200-day MA is $135.47, and Cigna Corporation Common Stock stock is $-7.20 or -5.32% off from this point. Cigna Corporation (NYSE:CI) 52-week high is $161.01 and the 52-week low is $121.87. This explains if the stock moves $-32.74, it will post a 52-week high. In event of $+5.25% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Cigna Corporation Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Cigna Corporation (NYSE:CI) ratio came in at 16.03. The stock last ended the trading session at $128.27 and registered a market cap of $32.90B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Cigna Corporation (NYSE:CI) PEG ratio is at 1.31.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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