Evercore ISI recorded Centene Corporation (NYSE:CNC), upping its target price to $79.00 today
- Updated: September 23, 2016
Centene Corporation (NYSE:CNC) had its target price raised to $79.00 by Evercore ISI in a report released 09/23/2016. The new target price indicates a possible upside of 0.14% from the company's previous stock price.
Having a price of $69.00, Centene Corporation (NYSE:CNC) traded -0.65% lower on the day. With the last stock price up 4.95% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. CNC has recorded a 50-day average of $68.50 and a two hundred day average of $65.32. Trade Volume was down over the average, with 594,544 shares of CNC changing hands under the typical 1,692,030
Recent Performance Chart
Centene Corporation has PE ratio of 26.46 with a one year low of $47.36 and a one year high of $75.57 and has a market cap of $0.
In addition to Evercore ISI reporting its stock price target, a total of 17 equity analysts have released a research note on CNC. The 12-month price target is $80.47 with 9 firms rating the stock a strong buy, 6 brokers rating the stock a buy, 4 brokerages rating the company a hold, 1 brokerage rating the stock a underperform, and finally zero analysts rating the stock a sell.
About Centene Corporation (NYSE:CNC)
Centene Corporation is a diversified healthcare company that provides programs and services to government sponsored healthcare programs. The Company also provides education and outreach programs to inform and assist members in accessing appropriate healthcare services. The Company operates through two segments. The Managed Care segment provides health plan coverage to individuals, through government subsidized programs, including Medicaid, the State Children's Health Insurance Program (CHIP), Long Term Care (LTC), Foster Care, dual-eligible individuals (Duals) and the Supplemental Security Income Program, also known as the Aged, Blind or Disabled Program (ABD). The Specialty Services segment consists of its specialty companies offering a range of healthcare services and products to state programs, correctional facilities, healthcare organizations, employer groups and other commercial organizations.
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.