BMO Capital Believes Anthem Inc (NYSE: ANTM) Won’t Stop Here

By Ryan Adsit

BMO Capital analyst Matthew Borsch maintained a Buy rating on Anthem Inc (NYSE: ANTM) today and set a price target of $310. The company’s shares opened today at $278.57, close to its 52-week high of $283.06.

Borsch has an average return of 11.4% when recommending Anthem Inc.

According to, Borsch is ranked #2020 out of 4895 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anthem Inc with a $314.33 average price target, which is a 12.8% upside from current levels. In a report issued on October 25, Cantor Fitzgerald also reiterated a Buy rating on the stock with a $275 price target.


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Anthem Inc’s market cap is currently $71.68B and has a P/E ratio of 16.76. The company has a Price to Book ratio of 2.50.

Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is negative on the stock.

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Anthem, Inc. provides life, hospital and medical insurance plans. It offers a broad spectrum of network-based managed care health benefit plans to the large and small employer, individual, Medicaid, and Medicare markets. The company operates through two segments: Commercial & Specialty Business, Government Business and Other.