Credit Suisse Maintains Humana Inc to Neutral with Price Target $170.00

Brokerage firm Credit Suisse Maintains its rating on Humana Inc(NYSE:HUM). In a research note issued to the investors, the brokerage major Raises the price-target to $170.00 per share. The shares have been rated Neutral. The rating by Credit Suisse was issued on Jul 21, 2016.

Humana Inc (HUM) made into the market gainers list on Wednesdays trading session with the shares advancing 3.28% or 5.03 points. Due to strong positive momentum, the stock ended at $158.41, which is also near the day’s high of $160.2. The stock began the session at $154.41 and the volume stood at 38,81,715 shares. The 52-week high of the shares is $192.49 and the 52 week low is $150. The company has a current market capitalization of $23,609 M and it has 14,90,36,650 shares in outstanding.

Humana Inc(HUM) last announced its earnings results on May 4, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $13.80B. Analysts had an estimated revenue of $13.76B. Earnings per share were $1.86. Analysts had estimated an EPS of $1.81.

Several Insider Transactions has been reported to the SEC. On Feb 29, 2016, Brian P. Leclaire (SVP & Chief Information Off.) sold 183 shares at $176.11 per share price.Also, On Mar 12, 2015, James E Murray (EVP & COO) sold 35,220 shares at $160.93 per share price.On Feb 27, 2015, David A Jr/ky Jones (director) sold 6,100 shares at $165.39 per share price, according to the Form-4 filing with the securities and exchange commission.

Humana Inc. (Humana) is a health and well-being company. The Company operates in three segments: Retail Employer Group and Healthcare Services. The Company’s medical and specialty insurance products allow members to access health care services through its network of health care providers. Its Retail Segment consists of products sold on a retail basis to individuals including medical and supplemental benefit plans. Its Employer Group segment consists of products sold to employer groups including medical and supplemental benefit plans as well as health and wellness products. Its Healthcare Services segment consists of businesses which offers services including pharmacy solutions provider services home-based services integrated behavioral health services and predictive modeling and informatics services to other Humana businesses as well as external health plan members external health plans and other employers or individuals.

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