Cigna Corporation Stock Rating Lowered by Susquehanna (CI)
Cigna Corporation (NYSE:CI) was downgraded by Susquehanna to a “neutral” rating in a research note issued on Friday, Analyst Ratings Network reports.
Shares of Cigna Corporation (NYSE:CI) opened at 85.37 on Friday. Cigna Corporation has a 1-year low of $55.97 and a 1-year high of $90.63. The stock’s 50-day moving average is $87.25 and its 200-day moving average is $81.82. The company has a market cap of $23.597 billion and a price-to-earnings ratio of 16.10.
Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Cigna Corporation from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, January 29th. They now have a $103.00 price target on the stock. Separately, analysts at Barclays raised their price target on shares of Cigna Corporation from $87.00 to $93.00 in a research note to investors on Wednesday, January 8th. They now have an “equal weight” rating on the stock. Finally, analysts at Morgan Stanley initiated coverage on shares of Cigna Corporation in a research note to investors on Thursday, November 21st. They set an “overweight” rating and a $100.00 price target on the stock. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Cigna Corporation currently has a consensus rating of “Buy” and an average target price of $89.31.
Cigna Corporation (NYSE:CI) is a holding company.
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