Analyst Price Target Update on Cerner Corporation (NASDAQ:CERN)

Cerner Corporation (NASDAQ:CERN): 16 analysts have set the short term price target of Cerner Corporation (NASDAQ:CERN) at $65.69. The standard deviation of short term price target has been estimated at $7.02, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 77 and $54 respectively.

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

On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Cerner Corp /Mo/, Zollars William D had sold 9,000 shares worth of $501,480 in a transaction dated June 1, 2016. In this transaction, 9,000 shares were sold at $55.72 per share.

Cerner Corporation (NASDAQ:CERN) : On Monday heightened volatility was witnessed in Cerner Corporation (NASDAQ:CERN) which led to swings in the share price. The stock opened for trading at $55.72 and hit $56.41 on the upside , eventually ending the session at $55.72, with a gain of 0.2% or 0.11 points. The heightened volatility saw the trading volume jump to 1,256,962 shares. The 52-week high of the share price is $75 and the company has a market cap of $18,838 million. The 52-week low of the share price is at $49.59 .

Cerner Corporation (Cerner) is a supplier of health care information technology (HCIT). The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations. The Company offers software, hardware, professional services and managed services. The Company operates in two segments: Domestic and Global. The Domestic segment includes the business activity in the United States. The Global segment includes the business activity in Aruba, Australia, Austria, Brazil, Canada, Cayman Islands, Chile, Egypt, England, Finland, France, Germany, Guam, India, Ireland, Israel, Malaysia, Mexico, Netherlands, Qatar, Saudi Arabia, Singapore, Spain, Switzerland and the United Arab Emirates. Cerner solutions are offered on the unified Cerner Millennium architecture and on the HealtheIntent cloud-based platform. Its solutions include HealtheRegistries, Cerner ITWorks, Cerner RevWorks, PowerWorks and CommunityWorks, among others.

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