NYSE:CIHealthcare
Can Cigna Group (CI) Stay Cheap If Earnings Hold Up?
Cigna Group stock has delivered a 44.4% gain over the past five years, while the recent share price of US$277.51 comes after a period of weaker short term returns. Valuation checks still indicate the shares screen as undervalued on several fronts.
The 44.4% total return over five years suggests Cigna Group has rewarded patient shareholders, even though the past year has been more muted.
For a health insurer, the medium term outlook for membership growth and medical cost control can support...