CVS Health (CVS) Given a $76.00 Price Target at Jefferies Group

Share

Legacy Private Trust acquired 14,492 shares as Cvs Health Corp (CVS)'s stock declined 4.23%. Lombard Odier Asset Mgmt (Switzerland) holds 0.04% of its portfolio in CVS Health Corporation (NYSE:CVS) for 4,596 shares. About 17.64 million shares traded or 8.21% up from the average. The stock of CVS Health Corporation (NYSE:CVS) has "Buy" rating given on Thursday, October 6 by UBS. It has underperformed by 41.10% the S&P500. The stock of Freeport-McMoRan Inc. (NASDAQ:MEET) is a huge mover today! The stock increased 0.05% or $0.02 during the last trading session, reaching $40.67. About 120,959 shares traded. Aetna is the nation's No. 3 health insurer, competing against UnitedHealth Group Inc (UNH.N), Anthem and Cigna to provide coverage for doctor and hospital visits. It has outperformed by 62.57% the S&P500. It was reported on Dec, 5 by Barchart.com.

The stock decreased 0.72% or $0.515 during the last trading session, reaching $71.175. The company has a market cap of $77.83 billion, a price-to-earnings ratio of 15.93 and a beta of 0.85. $18.44 million worth of CVS Health Corporation (NYSE:CVS) shares were sold by Denton David M. The pharmacy operator reported $1.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.49 by $0.01. Horizon Invs Lc has 11,955 shares. Finally, BidaskClub cut shares of CVS Health from a hold rating to a sell rating in a research report on Friday, August 25th. Wesbanco Retail Bank owns 194,399 shares for 0.85% of their portfolio. 828,824 were accumulated by Great Lakes Advsr Limited Liability Co. Cleararc Cap holds 0.32% or 24,990 shares. The Alabama-based Mitchell Mcleod Pugh And Williams Inc has invested 0.38% in CVS Health Corporation (NYSE:CVS). CVS Health has a 1-year low of $66.45 and a 1-year high of $84.72. Parthenon Ltd Limited Liability Company, a Kentucky-based fund reported 170,160 shares. Rwc Asset Management Llp holds 130,654 shares. Boston Advsrs Ltd Limited Liability Company has invested 0.76% in CVS Health Corporation (NYSE:CVS). Sheets Smith Wealth Management holds 0.2% or 9,171 shares in its portfolio. Deutsche Bank maintained the shares of CVS in report on Wednesday, July 22 with "Hold" rating. Deprince Race Zollo Inc accumulated 528,674 shares or 0.87% of the stock. Therefore 68% are positive.

Several other equities analysts have also recently issued reports on CVS. They set a buy rating and a $90.00 price target for the company. The rating was maintained by JP Morgan on Monday, November 2 with "Overweight". Robert W. Baird maintained the stock with "Hold" rating in Friday, October 27 report. Jefferies has "Buy" rating and $5000 target. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and fifteen have assigned a buy rating to the company's stock. The rating was initiated by Tigress Financial with "Buy" on Friday, April 28. On Friday, August 25 the stock rating was maintained by BMO Capital Markets with "Hold".

The 925,000 shares of stock he already owns would be worth $191.5 million at the $207 per share price that CVS Health would pay for Aetna in the deal announced Sunday.

CVS has more than 9,700 pharmacies and 1,100 Minute Clinics, walk-in locations that offer vaccinations, lab tests and diagnosis and treatment of illnesses like strep throat and ear infections from nurse practitioners and physician assistants. The shares were sold at an average price of $79.61, for a total value of $7,186,155.87. It also reduced Powershares Act Mang Comm Fd stake by 439,100 shares and now owns 63,746 shares. Ishares Tr (SHY) was raised too.


Since June 12, 2017, it had 0 insider purchases, and 1 insider sale for $18.44 million activity. Edgar Lomax Company Va holds 724,245 shares. Therefore 71% are positive.

Analysts await Freeport-McMoRan Inc. The stock of Ball Corporation (NYSE:BLL) has "Neutral" rating given on Friday, November 3 by Robert W. Baird. The firm earned "Neutral" rating on Monday, February 6 by Atlantic Securities. On Thursday, June 22 the stock rating was maintained by Roth Capital with "Buy".

Investors sentiment increased to 1.11 in 2017 Q2. Its down 0.95, from 0.98 in 2017Q1. The shares were sold at an average price of $83.14, for a total transaction of $7,128,673.02. Amer Assets Invest Management Ltd reported 0.25% stake. The insider now directly owns 984,263 shares worth $70,561,814. Agf holds 0.28% of its portfolio in CVS Health Corporation (NYSE:CVS) for 305,075 shares. 152 were accumulated by Meeder Asset. Moreover, Aqr Cap Ltd has 0.01% invested in SVB Financial Group (NASDAQ:SIVB) for 49,145 shares. The company had revenue of $46.18 billion for the quarter, compared to analysts' expectations of $46.17 billion. The firm owns and operates MeetMe and Skout mobile applications; and meetme.com and skout.com Websites.

It is common practice for investors to use the price-to-earnings ratio (P/E ratio or price multiple) to determine if a company's stock price is over or undervalued.

Share