Cigna Group (NYSE:CI) Price Target Raised to $338.00

Cigna Group (NYSE:CI) had its price objective lifted by stock analysts at TD Cowen from $333.00 to $338.00 in a research report issued on Monday,MarketScreener reports. The brokerage currently has a “buy” rating on the health services provider’s stock. TD Cowen’s target price would indicate a potential upside of 16.62% from the company’s previous close.

Several other equities research analysts also recently weighed in on the company. Wells Fargo & Company decreased their target price on Cigna Group from $354.00 to $300.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. Guggenheim reaffirmed a “buy” rating and issued a $318.00 price objective on shares of Cigna Group in a research report on Monday, February 2nd. Zacks Research raised shares of Cigna Group from a “strong sell” rating to a “hold” rating in a report on Monday, January 5th. UBS Group set a $294.00 price objective on shares of Cigna Group in a report on Wednesday, November 12th. Finally, Leerink Partners upped their price objective on shares of Cigna Group from $270.00 to $297.00 and gave the company a “market perform” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $324.63.

Cigna Group Stock Down 0.8%

Shares of NYSE CI opened at $289.84 on Monday. The company has a quick ratio of 0.76, a current ratio of 0.74 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $77.43 billion, a PE ratio of 13.22, a P/E/G ratio of 1.04 and a beta of 0.27. The firm has a fifty day moving average of $274.77 and a 200-day moving average of $283.69. Cigna Group has a 52-week low of $239.51 and a 52-week high of $350.00.

Cigna Group (NYSE:CI) last released its quarterly earnings data on Thursday, February 5th. The health services provider reported $8.08 EPS for the quarter, topping analysts’ consensus estimates of $7.88 by $0.20. The company had revenue of $72.50 billion for the quarter, compared to the consensus estimate of $69.53 billion. Cigna Group had a return on equity of 19.46% and a net margin of 2.17%.The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period last year, the business posted $6.64 EPS. Cigna Group has set its FY 2026 guidance at 30.250- EPS. On average, analysts anticipate that Cigna Group will post 29.77 EPS for the current year.

Hedge Funds Weigh In On Cigna Group

Large investors have recently bought and sold shares of the business. Brighton Jones LLC lifted its stake in shares of Cigna Group by 9.3% in the 4th quarter. Brighton Jones LLC now owns 3,736 shares of the health services provider’s stock worth $1,032,000 after acquiring an additional 318 shares during the period. Sivia Capital Partners LLC lifted its position in Cigna Group by 10.4% in the second quarter. Sivia Capital Partners LLC now owns 1,160 shares of the health services provider’s stock worth $384,000 after purchasing an additional 109 shares during the period. Apollon Wealth Management LLC boosted its stake in Cigna Group by 6.3% during the 2nd quarter. Apollon Wealth Management LLC now owns 9,538 shares of the health services provider’s stock valued at $3,153,000 after purchasing an additional 563 shares in the last quarter. waypoint wealth counsel bought a new position in Cigna Group during the 2nd quarter valued at $238,000. Finally, Concurrent Investment Advisors LLC raised its stake in shares of Cigna Group by 1.6% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 5,068 shares of the health services provider’s stock worth $1,675,000 after buying an additional 81 shares in the last quarter. Institutional investors own 86.99% of the company’s stock.

Cigna Group Company Profile

Cigna Group (NYSE: CI) is a global health services company that offers a broad portfolio of healthcare products and insurance solutions for individuals, employers, and governments. Its core businesses include medical and behavioral health plans, dental and vision coverage, pharmacy benefit management, and supplemental health products. Cigna serves a mix of commercial, Medicare, and Medicaid customers and provides workplace benefits such as group health plans and disability and life benefits for employers.

In addition to traditional insurance products, Cigna operates health services and care-delivery platforms designed to manage costs and improve outcomes.