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Why Cigna's Stock Is Trading Lower Today

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Why Cigna's Stock Is Trading Lower Today

Cigna (NYSE: CI) shares are trading lower on Monday after getting a downgrade.

Berstein downgraded Cigna's stock from Outperform to Market Perform.

Cigna provides pharmacy benefit management and health insurance services. Its PBM services were expanded by its 2018 merger with Express Scripts and are mostly sold to health insurance plans and employers.

Cigna’s shares were trading down 2.58% at $182.28 at time of publication on Monday. The stock has a 52-week high of $224.64 and a 52-week low of $118.50.

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Latest Ratings for CI

DateFirmActionFromTo
Aug 2020RBC CapitalMaintainsOutperform
Jul 2020SVB LeerinkMaintainsMarket Perform
Jul 2020SVB LeerinkInitiates Coverage OnMarket Perform

View More Analyst Ratings for CI
View the Latest Analyst Ratings

 

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Latest Ratings

StockFirmActionPT
CTASRBC CapitalMaintains360.0
MDTTruist SecuritiesMaintains120.0
ATEMaxim GroupInitiates Coverage On1.0
MNPRMaxim GroupInitiates Coverage On11.0
RDS/BScotiaBankInitiates Coverage On34.0
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