Analyst Rating Update on Cigna Corporation (CI)

Cigna Corporation (NYSE:CI) : Zacks Investment Research ranks Cigna Corporation (NYSE:CI) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 2.17, which indicates as a Buy.

Cigna Corporation (NYSE:CI) : The highest level Cigna Corporation (NYSE:CI) is projected to reach is $174 for the short term and the lowest estimate is at $99. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $157.7 and the possibility the share price can swing is $21.4.

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

Cigna Corporation (NYSE:CI): stock turned positive on Tuesday. Though the stock opened at $124.04, the bulls momentum made the stock top out at $125.43 level for the day. The stock recorded a low of $122.88 and closed the trading day at $125.21, in the green by 2.56%. The total traded volume for the day was 1,610,875. The stock had closed at $122.09 in the previous days trading.

In an insider trading activity,The director officer (President & CEO) of Cigna Corp, Cordani David sold 71,006 shares at $139.16 on March 4, 2016. The Insider selling transaction had a total value worth of $9,881,195. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Cigna Corporation (Cigna), together with its subsidiaries, is a health services company. The Company offers medical, dental, disability, life and accident insurance and related products and services. The Company operates in three segments: Global Health Care, Global Supplemental Benefits and Group Disability and Life. The Global Health Care segment aggregates the commercial and Government operating segments. The Global Supplemental Benefits segment offers supplemental health, life and accident insurance products. The Group Disability and Life segment provides group long-term and short-term disability insurance, group life insurance, accident and specialty insurance and related services. Cigna offers commercial health and dental insurance, Medicare and Medicaid products and health, life and accident insurance coverages to individuals. It offers personal accident insurance coverage, consisting of accidental death and dismemberment and travel accident insurance.

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