Wall Street Zen Upgrades Anthem (NASDAQ:ANTX) to “Hold”

Anthem (NASDAQ:ANTX) was upgraded by research analysts at Wall Street Zen to a “hold” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings initiated coverage on Anthem in a research report on Tuesday, April 7th. They issued a “sell (d-)” rating for the company. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Anthem presently has an average rating of “Hold” and an average target price of $2.00.

Anthem Price Performance

ANTX stock opened at $2.97 on Friday. The business has a 50 day simple moving average of $2.59 and a 200-day simple moving average of $1.67. The firm has a market capitalization of $106.77 million, a PE ratio of -2.56 and a beta of -1.31. Anthem has a 1 year low of $1.00 and a 1 year high of $6.91.

Anthem (NASDAQ:ANTX) last posted its quarterly earnings results on Tuesday, March 17th. The company reported ($0.29) earnings per share (EPS) for the quarter. On average, equities research analysts expect that Anthem will post -1.7 EPS for the current year.

Anthem Company Profile

Anthem, Inc, through its subsidiaries, operates as a health benefits company in the United States. It operates through three segments: Commercial & Specialty Business, Government Business, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small group, individual, Medicaid, and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; traditional indemnity plans and other hybrid plans, such as consumer-driven health plans; and hospital only and limited benefit products.