Anthem (NYSE:ANTM): The stock price is expected to reach $ 171.08 in the short term. The number of analysts agreeing with this consensus is 13. The higher estimate for the short term price target is at $197 while the lower estimate is at $150. The standard deviation of the price stands at $13.67.
Many analysts have stated their opinion on the company shares. Major Brokerage house, Sterne Agee downgrades its ratings on Anthem (NYSE:ANTM). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on May 24, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities,The officer (EVP & Chief Administrative Off) of Anthem, Inc., Mccarthy Gloria M sold 4,786 shares at $131.69 on June 1, 2016. The Insider selling transaction had a total value worth of $630,268. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Anthem (NYSE:ANTM) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.84 points or 0.64% at $130.68 with 1,133,898 shares getting traded. Post opening the session at $130.77, the shares hit an intraday low of $130.48 and an intraday high of $132.32 and the price was in this range throughout the day. The company has a market cap of $34,363 million and the number of outstanding shares have been calculated to be 262,953,000 shares. The 52-week high of Anthem (NYSE:ANTM) is $173.59 and the 52-week low is $115.63.
Anthem, Inc. is a health benefit company. The Company offers a range of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations (PPOs), health maintenance organizations (HMOs), point-of-service (POS), plans, traditional indemnity plans and other hybrid plans, including consumer-driven health plans (CDHPs), and hospital only and limited benefit products. In addition, the Company also provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services. The Company provides an array of specialty and other insurance products and services, such as dental, vision, life and disability insurance benefits, radiology benefit management and analytics-driven personal health care.