Aetna (AET) has risen sharply, recording gains of 1.75% in the past 4 weeks. However, the stock has corrected -2.37% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.97% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.08% and the fifty day Moving Average is 1.08%. Aetna Inc. is up 3.74% in the last three month period. Year-to-Date the stock performance stands at 9.17%.
Aetna (AET) : The consensus price target for Aetna (AET) is $135.77 for the short term with a standard deviation of $18.04. The most optimist securities analyst among the 13 who monitor the stock believes that the stock can reach $152, however, the pessimist price target for the company is $80.
Aetna (NYSE:AET): On Fridays trading session , Opening price of the stock was $117.54 with an intraday high of $118.55. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $116.63. However, the stock managed to close at $117.23, a loss of 0.25% for the day. On the previous day, the stock had closed at $117.52. The total traded volume of the day was 1,483,632 shares.
Aetna Inc. is a diversified health care benefits company. The Company offers a range of traditional, voluntary and consumer-directed health insurance products and related services. The Companys operations are conducted in three business segments: Health Care, Group Insurance and Large Case Pensions. The Companys Health Care segment includes medical, pharmacy benefit management services, dental, behavioral health and vision plans. The Companys Group Insurance segments products consist primarily of Life Insurance Products, Disability Insurance Products and Long-Term Care Insurance Products. The Companys Large Case Pensions segment manages a variety of retirement products (including pension and annuity products) primarily for tax-qualified pension plans. The Companys customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, Governmental units, Government-sponsored plans, labor groups and expatriates.