Cigna Corporation (CI) has risen sharply, recording gains of 1.67% in the past 4 weeks. However, the stock has corrected -0.52% 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 2.22% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.51% and the 50-Day Moving Average is 0.37%.The 200 Day SMA reached 2.71%
Cigna Corporation (NYSE:CI): The stock opened in the green at $131.28 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $131.43 and a low of $129.6 for the day. The stock did not find buyers even at the lows and closed at $130.32 recording a loss of -0.37%. 1,415,939 shares exchanged hands during the trading day. The stock had closed at $130.32 in the previous days trading.
Cigna Corporation (CI) : The consensus price target for Cigna Corporation (CI) is $146.2 for the short term with a standard deviation of $20.32. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $174, however, the pessimist price target for the company is $99.
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.