Cigna Group (NYSE:CI) Given New $304.00 Price Target at Deutsche Bank Aktiengesellschaft

Cigna Group (NYSE:CI) had its price target upped by equities research analysts at Deutsche Bank Aktiengesellschaft from $301.00 to $304.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. The brokerage currently has a “buy” rating on the health services provider’s stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 3.83% from the company’s current price.

Several other research firms have also recently commented on CI. Weiss Ratings reissued a “hold (c-)” rating on shares of Cigna Group in a research note on Monday, December 29th. Royal Bank Of Canada lowered their target price on Cigna Group from $344.00 to $333.00 and set an “outperform” rating for the company in a research note on Friday. Wolfe Research dropped their target price on Cigna Group from $345.00 to $325.00 and set an “outperform” rating for the company in a research report on Wednesday, October 15th. Cantor Fitzgerald decreased their price target on Cigna Group from $365.00 to $325.00 in a report on Friday, October 31st. Finally, TD Cowen boosted their price objective on Cigna Group from $333.00 to $338.00 and gave the stock a “buy” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $330.00.

Cigna Group Stock Down 0.6%

Shares of CI opened at $292.78 on Tuesday. The company has a market capitalization of $78.21 billion, a P/E ratio of 13.22, a PEG ratio of 1.04 and a beta of 0.27. Cigna Group has a one year low of $239.51 and a one year high of $350.00. The business’s 50 day simple moving average is $275.19 and its 200-day simple moving average is $283.70. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.74 and a quick ratio of 0.76.

Cigna Group (NYSE:CI) last released its quarterly earnings results on Thursday, February 5th. The health services provider reported $8.08 earnings per share for the quarter, beating analysts’ consensus estimates of $7.88 by $0.20. Cigna Group had a return on equity of 19.46% and a net margin of 2.17%.The firm had revenue of $72.50 billion during the quarter, compared to analysts’ expectations of $69.53 billion. During the same period last year, the firm posted $6.64 EPS. The business’s revenue was up 10.4% on a year-over-year basis. Cigna Group has set its FY 2026 guidance at 30.250- EPS. As a group, sell-side analysts predict that Cigna Group will post 29.77 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Eurizon Capital SGR S.p.A. bought a new stake in Cigna Group during the 4th quarter worth about $26,993,000. Fideuram Asset Management Ireland dac acquired a new stake in Cigna Group in the 4th quarter valued at about $846,000. National Pension Service raised its stake in Cigna Group by 6.7% in the 4th quarter. National Pension Service now owns 729,752 shares of the health services provider’s stock valued at $200,850,000 after acquiring an additional 46,001 shares during the period. Basepoint Wealth LLC bought a new position in shares of Cigna Group in the fourth quarter valued at about $173,000. Finally, Linscomb Wealth Inc. lifted its position in Cigna Group by 3.0% during the fourth quarter. Linscomb Wealth Inc. now owns 12,299 shares of the health services provider’s stock worth $3,385,000 after acquiring an additional 361 shares during the last quarter. 86.99% of the stock is owned by institutional investors and hedge funds.

About Cigna Group

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.