Alert: Major Price Advance (12/11/23)-The Cigna Group (NYSE: CI).

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On 12/11/23, The Cigna Group (NYSE: CI) stock enjoyed a major increase of 16.7%, closing at $301.97. Moreover, this advance was accompanied by exceptionally high trading volume at 443% of normal. The stock has risen 12.2% during the last week and has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, CI is expected to continue to be an important Value Builder.

CIGNA Group has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. CIGNA Group has a good Appreciation Score of 74 and a good Power Rating of 84, with the Highest Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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