Anthem Inc (NYSE:ANTM) has been upgraded to Outperform in a report by Wells Fargo & Co. today.
- Updated: December 1, 2016
Wells Fargo & Co. has upgraded Anthem Inc (NYSE:ANTM) to Outperform in a statement released on 12/1/2016.
Having a price of $145.17, Anthem Inc (NYSE:ANTM) traded 2.32% higher on the day. With the last stock price up 12.03% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the date range. Anthem Inc has recorded a 50-day average of $130.09 and a two hundred day average of $129.59. Volume of trade was up over the average, with 2,545,361 shares of ANTM changing hands over the typical 1,799,110
With a total market value of $0, Anthem Inc has P/E ratio of 17.04 with a 52 week low of $114.85 and a 52 week high of $148.00 .
In addition to Wells Fargo & Co. reporting its stock price target, a total of 19 analysts have released a report on Anthem Inc. The 12-month price target is $172.32 with six brokerages rating the company a strong buy, seven brokerages rating the company a buy, seven equity analysts rating the company a hold, zero brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
About Anthem Inc (NYSE:ANTM)
Anthem, Inc. is a health benefit company. The Company offers a range of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. The Company has three segments: Commercial and Specialty Business, Government Business and Other. The Company's Commercial and Specialty Business, and Government Business segments offer managed care products, including preferred provider organizations (PPOs), health maintenance organizations (HMOs), traditional indemnity benefits and point-of-service (POS) plans, as well as various hybrid benefit plans, including consumer-driven health plans (CDHPs), hospital only and limited benefit products. In addition, the Company also provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.