Anthem (NYSE:ANTM) has been downgraded from Overweight to Neutral in a statement by JPMorgan earlier today.
- Updated: October 17, 2016
Having a price of $121.09, Anthem (NYSE:ANTM) traded -2.17% lower on the day. With the last stock price down -10.49% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. ANTM has recorded a 50-day average of $124.69 and a two hundred day average of $132.35. Volume of trade was down over the average, with 1,018,375 shares of ANTM changing hands under the typical 1,727,900
JPMorgan has downgraded Anthem (NYSE:ANTM) from Overweight to Neutral in a statement released on 10/17/2016.
On Friday September 23, 2016, Evercore ISI released a statement on Anthem (NYSE:ANTM) upped the target price from $0.00 to $133.00 that suggested an upside of 0.04%.
With a total market value of $0, Anthem has price-earnings ratio of 13.70 with a one year low of $115.63 and a one year high of $149.50 .
A total of 19 brokers have issued a report on the stock. 6 brokers rating the stock a strong buy, 7 firms rating the stock a buy, 7 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $172.32.
Brief Synopsis On Anthem (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.
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