In a report released today, Michael Wiederhorn from Oppenheimer maintained a Buy rating on Cigna Corp (NYSE: CI). The company’s shares opened today at $196.50.
According to TipRanks.com, Wiederhorn is a top 100 analyst with an average return of 17.9% and a 72.8% success rate. Wiederhorn covers the Services sector, focusing on stocks such as Cross Country Healthcare, Addus Homecare Corp, and Community Health.
Currently, the analyst consensus on Cigna Corp is a Strong Buy with an average price target of $231.40, representing a 17.8% upside. In a report released today, Cowen & Co. also initiated coverage with a Buy rating on the stock with a $240 price target.
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Cigna Corp’s market cap is currently $47.45B and has a P/E ratio of 18.96. The company has a Price to Book ratio of 3.22.
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Cigna Corp. is a global health service company, which engages in the provision of medical, dental, disability, life and accident insurance and related products and services to businesses, governmental and non-governmental organizations and individuals.
