Citing improving core trends, analysts at BMO Capital raised the price target and earnings estimates on health care benefits provider Aetna Inc. (AET).
The analysts maintain an “Outperform” rating on AET and now see shares reaching $64. This target suggests an 11% upside to Tuesday’s closing price of $57.44.
Aetna shares were up 76 cents, or +1.31%, during Wednesday morning trading. The stock is up +26.21% year-to-date.
The Bottom Line
Shares of Aetna (AET) have a dividend yield of 1.37% based on Wednesday’s intraday trading price of $58.20 and the company’s annualized dividend payout of 80 cents per share.
Aetna Inc. (AET) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.