Cigna Corp. (NYSE:CI)’s share price was up 2% during mid-day trading on Friday . The company traded as high as $133.48 and last traded at $132.56, with a volume of 1,362,711 shares traded. The stock had previously closed at $130.01.

A number of equities analysts have issued reports on CI shares. Leerink Swann reissued a “buy” rating and issued a $175.00 target price on shares of Cigna Corp. in a report on Thursday, March 31st. Jefferies Group reissued a “buy” rating and issued a $165.00 target price (down previously from $184.00) on shares of Cigna Corp. in a report on Tuesday, May 10th. Stifel Nicolaus started coverage on shares of Cigna Corp. in a report on Tuesday, June 28th. They issued a “buy” rating and a $169.00 target price on the stock. Zacks Investment Research raised shares of Cigna Corp. from a “hold” rating to a “buy” rating and set a $144.00 target price on the stock in a report on Tuesday, July 5th. Finally, Barclays PLC raised their price target on shares of Cigna Corp. from $156.00 to $168.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 1st. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Cigna Corp. presently has a consensus rating of “Buy” and an average price target of $165.20.

The firm has a market capitalization of $33.78 billion and a PE ratio of 16.46. The firm has a 50 day moving average price of $128.26 and a 200 day moving average price of $134.58.

Cigna Corp. (NYSE:CI) last released its quarterly earnings results on Friday, May 6th. The company reported $2.32 EPS for the quarter, beating the Zacks’ consensus estimate of $2.16 by $0.16. During the same quarter last year, the firm earned $1.96 earnings per share. The firm earned $9.90 billion during the quarter, compared to analyst estimates of $9.98 billion. Cigna Corp.’s quarterly revenue was up 4.4% on a year-over-year basis. On average, equities analysts predict that Cigna Corp. will post $9.29 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the stock. Private Advisor Group LLC raised its position in Cigna Corp. by 120.9% in the fourth quarter. Private Advisor Group LLC now owns 7,050 shares of the company’s stock worth $1,032,000 after buying an additional 3,859 shares during the period. GSA Capital Partners LLP raised its position in shares of Cigna Corp. by 21.3% in the fourth quarter. GSA Capital Partners LLP now owns 7,692 shares of the company’s stock worth $1,126,000 after buying an additional 1,349 shares during the last quarter. Sawtooth Asset Management Inc. raised its position in shares of Cigna Corp. by 3,602.8% in the fourth quarter. Sawtooth Asset Management Inc. now owns 10,738 shares of the company’s stock worth $1,571,000 after buying an additional 10,448 shares during the last quarter. AMG National Trust Bank raised its position in shares of Cigna Corp. by 1.9% in the fourth quarter. AMG National Trust Bank now owns 11,500 shares of the company’s stock worth $1,683,000 after buying an additional 210 shares during the last quarter. Finally, Brown Advisory Inc. raised its position in shares of Cigna Corp. by 106.0% in the fourth quarter. Brown Advisory Inc. now owns 11,854 shares of the company’s stock worth $1,734,000 after buying an additional 6,099 shares during the last quarter.

Cigna Corporation (Cigna), together with its subsidiaries, is a health services company. The Company offers medical, dental, disability, life and accident insurance and related products and services. The Company’s segments include Global Health Care, Global Supplemental Benefits, Group Disability and Life, Other Operations and Corporate.

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