Cigna Corp. (CI) Stock Forecast & Predictions

Cigna Corp. CI: $252.54

900 Cottage Grove Rd, Bloomfield, Connecticut, US. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.cigna.com/

  • Market Cap$87.89B
  • Change (52 Weeks)39.15%
  • Low (52 Weeks)$158.17
  • Cigna Corp. (CI) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Cigna Corp. (CI) stock price is $252.54 and the 52 weeks low is $158.17, which means the Cigna Corp. stock price is up 39.15% in the last 12 months.

    Cigna Corp. (CI) Stock Price has been Trending Strongly with an ADX reading of 25.46 as per the Weekly Chart.

    A Upward trend indicates that Cigna Corp. (CI) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that CI Stock price might rise further, 18.75% indicating that CI Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall CI stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Cigna Corp. (CI) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Cigna Corp. (CI) is based on 32 Institutional Analyst Ratings where 56.25% are on Strong Buy, 31.25% on Moderate Buy, 12.50% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 32 Institutional Analysts, majority recommended CI stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Cigna Corp..

    Cigna Corp. (CI) Stock Price Prediction By Analysts


    HighLowAverage
    $315.00$191.90$270.43
    $270.437.08% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for CI set by the institutional analysts is $270.43 where High Estimate is $315.00, Median $273.87 and Low $191.90.

    The average price target for CI by Institutional Analysts is $270.43, which is 7.08% Upside from the current price. So according to the Institutional Analysts, CI Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Cigna Corp. (CI) Stock Forecast Based on News Sentiment


    Bullish
    Based on 11 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about CI, it shows that Cigna Corp. had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that CI stock price may surge in the next few weeks.

    Cigna Corp. (CI) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Truist SecuritiesBuyMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    SVB LeerinkMarket PerformMaintained
    SVB LeerinkMarket PerformMaintained
    Raymond JamesStrong BuyMaintained
    RBC CapitalOutperformMaintained
    SVB LeerinkMarket PerformMaintained
    SVB LeerinkMarket PerformInitiated
    UBSBuyMaintained
    Raymond JamesStrong BuyMaintained
    BernsteinMarket PerformDowngraded
    BarclaysOverweightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Raymond JamesStrong BuyUpgraded
    Raymond JamesOutperformMaintained
    Piper SandlerOverweightMaintained
    Deutsche BankBuyMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyOverweightMaintained
    Cantor FitzgeraldOverweightReiterated
    UBSBuyMaintained
    CitigroupBuyMaintained
    Stephens & Co.OverweightMaintained
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    Wells FargoUnderweightDowngraded
    Morgan StanleyOverweightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    MizuhoBuyMaintained
    UBSBuyMaintained
    CitigroupBuyMaintained
    Deutsche BankBuyMaintained
    MizuhoBuyInitiated
    BMO CapitalOutperformUpgraded
    Morgan StanleyOverweightMaintained
    Deutsche BankBuyInitiated
    BernsteinOutperformUpgraded
    Raymond JamesOutperformReiterated
    Morgan StanleyOverweightMaintained
    UBSBuyInitiated
    BarclaysOverweightMaintained
    Morgan StanleyOverweightMaintained
    Stephens & Co.OverweightInitiated
    Raymond JamesOutperformUpgraded
    Edward JonesBuyInitiated
    Leerink SwannOutperformMaintained
    CitigroupBuyMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysOverweightMaintained
    Cantor FitzgeraldOverweightInitiated
    Credit SuisseOutperformMaintained
    Cowen & Co.OutperformInitiated
    Goldman SachsBuyUpgraded
    Credit SuisseOutperformMaintained
    BernsteinMarket PerformInitiated
    Credit SuisseOutperformMaintained
    BarclaysOverweightInitiated
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    JefferiesBuyMaintained
    CitigroupBuyMaintained
    Credit SuisseOutperformInitiated
    BMO CapitalMarket PerformInitiated
    JefferiesBuyMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformInitiated
    Morgan StanleyOverweightInitiated
    Deutsche BankBuyInitiated
    Bank of AmericaBuyInitiated
    RBC CapitalOutperformUpgraded
    PiperJaffrayOverweightInitiated
    Evercore ISI GroupHoldInitiated
    CitigroupBuyMaintained
    JefferiesBuyMaintained
    Stifel NicolausBuyInitiated
    BMO CapitalOutperformMaintained
    BarclaysEqual-WeightMaintained
    JefferiesBuyUpgraded
    BarclaysEqual-WeightMaintained
    Cowen & Co.OutperformMaintained
    JP MorganOverweightInitiated
    BarclaysEqual-WeightMaintained
    Sterne Agee CRTBuyUpgraded
    SusquehannaPositiveMaintained
    RBC CapitalSector PerformInitiated
    Leerink SwannOutperformMaintained
    Leerink SwannOutperformMaintained
    UBSBuy
    Morgan StanleyOverweightMaintained
    BarclaysEqual-WeightMaintained
    OppenheimerOutperformMaintained
    BarclaysEqual-WeightMaintained
    JP MorganOverweightMaintained
    BarclaysEqual-WeightMaintained
    JefferiesHoldMaintained
    BarclaysEqual-WeightMaintained
    Goldman SachsBuyUpgraded
    Deutsche BankBuyMaintained
    Bank of AmericaBuyMaintained
    BarclaysEqual-WeightMaintained
    OppenheimerOutperformMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    Sterne AgeeNeutralDowngraded
    Sterne AgeeNeutralDowngraded
    JP MorganOverweightMaintained
    SusquehannaPositiveUpgraded
    Credit SuisseOutperformMaintained
    BarclaysEqual-WeightMaintained
    Deutsche BankBuyMaintained
    JefferiesHoldMaintained
    Sterne AgeeBuyInitiated
    JP MorganOverweightMaintained
    OppenheimerOutperformMaintained
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    CitigroupHoldMaintained
    BarclaysEqual-WeightMaintained
    JP MorganOverweightMaintained
    Morgan StanleyOverweightMaintained
    SusquehannaNeutralDowngraded
    Deutsche BankBuyMaintained
    Morgan StanleyOverweightInitiated
    Monness Crespi HardtNeutralDowngraded
    Deutsche BankBuyMaintained
    OppenheimerOutperformMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    JefferiesHoldMaintained
    Goldman SachsNeutralMaintained
    Deutsche BankBuyMaintained
    Monness Crespi HardtBuyMaintained
    JefferiesHoldDowngraded
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    UBSBuyInitiated
    CitigroupNeutralDowngraded
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    JP MorganOverweightMaintained
    BMO CapitalOutperformMaintained
    JefferiesBuyMaintained
    Monness Crespi HardtBuyUpgraded
    Deutsche BankBuyMaintained
    BMO CapitalOutperformMaintained
    JefferiesBuyMaintained
    Goldman SachsNeutralMaintained
    Deutsche BankBuyMaintained
    BMO CapitalOutperformMaintained
    WedbushNeutralMaintained
    OppenheimerOutperformMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformUpgraded
    Deutsche BankBuyMaintained
    BMO CapitalOutperformUpgraded
    Morgan StanleyOverweightMaintained
    WedbushNeutralMaintained

    Cigna Corp. (CI) Stock Earning Per Share (EPS) Forecast / Estimate


    $5.147
    The average consensus EPS for CI is $5.147 with a high estimate of $5.586 and Low of $4.606 for the period 2021-06-30 and based on 22 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $4.41$4.37105222020-09-30


    The latest average Earning Per Share Estimate for Cigna Corp. is $5.15, which is higher than CI's last EPS, $4.41. This means that Analysts are expecting Cigna Corp. to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Cigna Corp..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $4.41$4.37105222020-09-30
    $5.81$5.30483992020-06-30
    $4.69$4.48052020-03-31
    $4.31$4.3264122019-12-31
    $4.54$4.4900584000000012019-09-30
    $4.19$3.84928512019-06-30
    $3.9$3.83688390000000062019-03-31
    $2.46$2.493632018-12-31
    $3.84$3.53996582018-09-30
    $3.89$3.43185700000000042018-06-30
    $4.11$3.48990782018-03-31
    $1.94$1.94404260000000022017-12-31
    $2.83$2.42675212017-09-30
    $2.91$2.551312017-06-30
    $2.77$2.52736249999999972017-03-31
    $1.87$1.78705000000000022016-12-31
    $1.94$1.96593010000000022016-09-30
    $1.98$2.45988720000000032016-06-30
    $2.32$2.21643639999999962016-03-31
    $1.87$1.85800670000000022015-12-31
    $2.28$2.26278642015-09-30
    $2.55$2.37562289999999982015-06-30
    $1.96$1.89980412015-03-31
    $1.69$1.71609329999999982014-12-31
    $1.95$1.87942039999999992014-09-30
    $1.96$1.89754842014-06-30
    $1.83$1.58700342014-03-31
    $1.39$1.53197052013-12-31
    $1.89$1.68118662013-09-30
    $1.78$1.65179042013-06-30
    $1.72$1.47117989999999992013-03-31
    $1.57$1.52682050000000012012-12-31
    $1.69$1.39622680000000022012-09-30
    $1.49$1.45859332012-06-30
    $1.24$1.33727992012-03-31
    $1.11$1.22872822011-12-31
    $1.2$1.268962011-09-30
    $1.53$1.32772152011-06-30
    $1.37$1.12515142011-03-31
    $1.15$1.05008500000000022010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).