Short Term Rating on Anthem (ANTM)

Anthem (ANTM) : 8 brokerage houses believe that Anthem (ANTM) is a Strong Buy at current levels. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Anthem (ANTM). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 15 Wall Street Analysts endorse the stock as a Buy with a rating of 1.93.

Anthem (ANTM) : The highest level Anthem (ANTM) is projected to reach is $197 for the short term and the lowest estimate is at $150. The consolidated price target from 13 rating analysts who initiate coverage on the stock is $171.08 and the possibility the share price can swing is $13.67.

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


Anthem (NYSE:ANTM): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $132.06 and $131.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $132.45. The buying momentum continued till the end and the stock did not give up its gains. It closed at $131.88, notching a gain of 0.24% for the day. The total traded volume was 1,083,796 . The stock had closed at $131.56 on the previous day.

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.

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