Cantor Fitzgerald Sticks to Their Buy Rating for Anthem Inc (ANTM)

By Austin Angelo

Cantor Fitzgerald analyst Steven Halper maintained a Buy rating on Anthem Inc (ANTMResearch Report) on April 18 and set a price target of $360. The company’s shares closed on Thursday at $239.62.

According to TipRanks.com, Halper is a 5-star analyst with an average return of 14.1% and a 55.6% success rate. Halper covers the Services sector, focusing on stocks such as WellCare Health Plans, Tivity Health Inc, and Hms Holdings Corp.

Anthem Inc has an analyst consensus of Strong Buy, with a price target consensus of $352.50, which is a 47.1% upside from current levels. In a report issued on April 17, Barclays also maintained a Buy rating on the stock with a $316 price target.

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The company has a one-year high of $317.99 and a one-year low of $219.96. Currently, Anthem Inc has an average volume of 1.91M.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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 the following segments: Commercial & Specialty Business, Government Business and Other.