Short Term Rating on Centene Corporation (CNC)

Centene Corporation (CNC) : Zacks Investment Research ranks Centene Corporation (CNC) as 2, which is a Buy recommendation. 12 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 16 research analysts is 1.41, which indicates as a Strong Buy.

Centene Corporation (CNC) : The consensus price target for Centene Corporation (CNC) is $83.85 for the short term with a standard deviation of $5.74. The most optimist securities analyst among the 13 who monitor the stock believes that the stock can reach $93, however, the pessimist price target for the company is $75.

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


Centene Corporation (NYSE:CNC): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $71.78 and $71.78 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $72.56. The buying momentum continued till the end and the stock did not give up its gains. It closed at $72.43, notching a gain of 1.16% for the day. The total traded volume was 1,472,090 . The stock had closed at $71.60 on the previous day.

Centene Corporation is a healthcare company. The Company provides programs and services to Government sponsored healthcare programs. It offers member-focused services by assisting in accessing care, coordinating referrals to related health and social services, and addressing member concerns and questions. It also provides education and outreach programs to inform and assist members in accessing healthcare services. The Company operates in two segments: Managed Care and Specialty Services. The Managed Care segment provides health plan coverage to individuals through Government subsidized programs, including Medicaid, the State Childrens Health Insurance Program (CHIP), Long Term Care (LTC), Foster Care, dual-eligible individuals (Duals) and the Supplemental Security Income Program, also known as the Aged, Blind or Disabled Program (ABD). The Specialty Services segment consists of the Companys specialty companies offering auxiliary healthcare services and products.

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