Stock To Watch: Cigna Corporation (NYSE:CI)


The leading market experts have placed a mean price target of $151.92 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 $1.80 a share for the upcoming quarter and $8.14 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 $130.50, and stock is trading $0.93 points away or +0.71% from its 50-day moving average of $130.50. Further it is trading $-1.92 or -1.44% away its 200-day moving average of $133.35. Cigna Corporation (NYSE:CI) 52-week high is $149.86 and the 52-week low is $121.87.

This explains if the stock moves $-18.43, it will post a 52-week high. In event of +7.84% 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 17.05.

The stock last ended the trading session at $131.43 and registered a market cap of $33.72B. 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 1.42.

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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