Impact of Brokerage Rating on Centene Corporation(CNC)

Many Centene Corporation(CNC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Centene Corp was Resumed by Cantor Fitzgerald on Feb 7, 2017 to Overweight, Price Target of the shares are set at $85.Centene Corp was Initiated by Piper Jaffray to Overweight on Jan 4, 2017. Centene Corp was Initiated by JP Morgan to Overweight on Dec 21, 2016. Centene Corp was Upgraded by Goldman to Neutral on Dec 13, 2016.

Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Robert K Ditmore (director) sold 4,167 shares at 68.73 per share price.On Feb 13, 2017, Christopher D Bowers (EVP, Markets) sold 3,150 shares at 68.41 per share price.On Dec 5, 2016, Mark J Brooks (SVP, Chief Information Officer) sold 1,099 shares at 58.00 per share price.

Centene Corp Last issued its quarterly earnings results on Feb 7, 2017. The company reported $1.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $1.11. The company had revenue of $11911.00 million for the quarter, compared to analysts expectations of $10975.59 million. The companys revenue was up 89.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 EPS.

Centene Corporation (NYSE:CNC) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1.4 by 15 Brokerage Firm. 12 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.

Centene Corporation (NYSE:CNC): According to 12 Analysts, The short term target price has been estimated at $ 80.5.The target price could deviate by a maximum of $7.87 from the forecast price. In the near term, the target price could hit a high of $93 and a low of $ 64.

Centene Corporation (NYSE:CNC) rose 1.43% or 1 points on Tuesday and made its way into the gainers of the day. After trading began at $69.6 the stock was seen hitting $71.04 as a peak level and $69.55 as the lowest level. The stock ended up at $70.93. The daily volume was measured at 1,693,207 shares. The 52-week high of the share price is $75.57 and the 52-week low is $50. The company has a market cap of $12,194 million.

Centene Corporation provides managed care programs and related services to individuals receiving benefits under Medicaid, including Supplemental Security Income, and the State Childrens Health Insurance Program.


For any feedback and suggestions contact author at

Add Comment