Centene Corporation (NYSE:CNC) traded today at a new 52-week high of $77.64. So far today approximately 399,000 shares have been exchanged, as compared to an average 30-day volume of 4 million shares.
Potential upside of 146.5% exists for Centene Corporation, based on a current level of $77.47 and analysts' average consensus price target of $190.94.
In the past 52 weeks, shares of Centene Corporation have traded between a low of $57.16 and a high of $77.64 and is now at $77.47, which is 36% above that low price.
Centene is a managed-care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. After acquiring WellCare in early 2020, Centene now serves 21 million medical members, mostly in Medicaid (14 million), Medicare Advantage (1 million total), the individual exchanges (2 million), and other plans (4 million), including Tricare (West region), correctional facility, and international plans. The company also serves 4 million users through the Medicare Part D pharmaceutical program.
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