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CIGNA (NYSE:CI)‘s stock had its “overweight” rating reiterated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday. They currently have a $95.00 target price on the stock, down from their previous target price of $96.00. JPMorgan Chase & Co.’s target price indicates a potential upside of 5.03% from the company’s current price.

Shares of CIGNA (NYSE:CI) traded down 0.13% during mid-day trading on Tuesday, hitting $90.335. 585,808 shares of the company’s stock traded hands. CIGNA has a 1-year low of $65.54 and a 1-year high of $90.63. The stock has a 50-day moving average of $83.97 and a 200-day moving average of $83.48. The company has a market cap of $24.268 billion and a P/E ratio of 13.07.

CIGNA (NYSE:CI) last announced its earnings results on Thursday, May 1st. The company reported $1.83 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.54 by $0.29. The company had revenue of $8.50 billion for the quarter, compared to the consensus estimate of $7.72 billion. During the same quarter last year, the company posted $1.72 earnings per share. CIGNA’s revenue was up 3.8% compared to the same quarter last year. Analysts expect that CIGNA will post $7.32 EPS for the current fiscal year.

A number of other analysts have also recently weighed in on CI. Analysts at Zacks reiterated a “neutral” rating on shares of CIGNA in a research note on Friday, May 16th. They now have a $92.00 price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of CIGNA in a research note on Friday, May 2nd. They now have a $88.00 price target on the stock. Finally, analysts at Oppenheimer raised their price target on shares of CIGNA from $94.00 to $97.00 in a research note on Friday, May 2nd. They now have an “outperform” rating on the stock. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $89.79.

Cigna Corporation (NYSE:CI) is a holding company.

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