Time for Investors to Take the Plunge on Cigna Corp. (NYSE:CI)

Equity Research firms currently have a positive stance on shares of Cigna Corp. (NYSE:CI). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.90. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $150.33 on a short term basis.

At the time of writing, the stock was trading at $127.77. This represents a change from the opening price of -0.42%. In terms of performance, year to date, the stock is -12.49%. The monthly stock performance comes in at 0.29%. For the quarter, shares are performing at 0.99%. Weekly performance analysis shows the equity at -1.79%.

In taking a look at technical levels, shares are trading -1.90% away from the 50 day simple moving average and -4.53% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -14.24% away from it’s 52- week high and 4.84% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Cigna Corp.’s RSI stands at 42.67. In looking at volatility levels, the shares saw weekly volatility of 1.67% and 1.57% over the past month.

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