Analyst Price Target Update on Cigna Corporation (NYSE:CI)

Cigna Corporation (NYSE:CI) shares are expected to touch $156.44 in the short term. This short term price target has been shared by 9 analysts. However, the standard deviation of short term price estimate has been valued at 22.3. The target price could hit $174 on the higher end and $99 on the lower end.

For the current week, the company shares have a recommendation consensus of Buy.

On the companys insider trading activities, The Securities and Exchange Commission has divulged that Cordani David, director officer (President & CEO) of Cigna Corp, had unloaded 71,006 shares at an average price of $139.16 in a transaction dated on March 4, 2016. The total value of the transaction was worth $9,881,195.

Cigna Corporation (NYSE:CI) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.58 points or 1.23% at $126.5 with 1,312,548 shares getting traded. Post opening the session at $127.32, the shares hit an intraday low of $126.23 and an intraday high of $128.91 and the price was in this range throughout the day. The company has a market cap of $32,449 million and the number of outstanding shares have been calculated to be 256,513,080 shares. The 52-week high of Cigna Corporation (NYSE:CI) is $170.68 and the 52-week low is $123.54.

Cigna Corporation (Cigna), together with its subsidiaries, is a health services company. The Company offers medical, dental, disability, life and accident insurance and related products and services. The Company operates in three segments: Global Health Care, Global Supplemental Benefits and Group Disability and Life. The Global Health Care segment aggregates the commercial and Government operating segments. The Global Supplemental Benefits segment offers supplemental health, life and accident insurance products. The Group Disability and Life segment provides group long-term and short-term disability insurance, group life insurance, accident and specialty insurance and related services. Cigna offers commercial health and dental insurance, Medicare and Medicaid products and health, life and accident insurance coverages to individuals. It offers personal accident insurance coverage, consisting of accidental death and dismemberment and travel accident insurance.

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