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Analyst Expectations for Centene's Future

Benzinga ·  May 26, 2023 23:01

Within the last quarter, Centene (NYSE:CNC) has observed the following analyst ratings:

BullishSomewhat BullishIndifferentSomewhat BearishBearish
Total Ratings17300
Last 30D01000
1M Ago13000
2M Ago02000
3M Ago01300

According to 11 analyst offering 12-month price targets in the last 3 months, Centene has an average price target of $84.45 with a high of $94.00 and a low of $71.00.

Below is a summary of how these 11 analysts rated Centene over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

price target chart

This current average represents a 8.98% decrease from the previous average price target of $92.78.

Stay up to date on Centene analyst ratings.

What Are Analyst Ratings?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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