10 Best Low Volatility Large Cap Stocks to Invest In

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4. The Cigna Group (NYSE:CI)

Market Cap:​ $74.28 billion

Beta: 0.28

Analyst Upside: 23.70%

Number of Hedge Fund Holders: 80

The Cigna Group (NYSE:CI) is one of the best low volatility large cap stocks to invest in. Bank of America Securities analyst Kevin Fischbeck maintained a Buy rating on The Cigna Group (NYSE:CI) on November 21, setting a price target of $378.

The analyst based the rating on the company’s overall financial outlook and strategic positioning, stating that the implications of The Cigna Group’s (NYSE:CI) transition to a rebate-free model for its Pharmacy Benefit Manager (PBM) business are being misunderstood by the market. He acknowledged that while concerns about potential margin compression exist, the model provides The Cigna Group (NYSE:CI) with a distinct position compared to its competitors, which makes it an attractive investment opportunity.

Fischbeck further supported the optimistic rating with the company’s strong free cash flow yield and potential for stock buybacks, adding that the upcoming strategic disclosures and financial results are likely to offer increased clarity regarding the company while also catalyzing stock performance.

The analyst also highlighted that the current trading price of The Cigna Group (NYSE:CI) points towards considerable upside potential. The stock’s median price target of $278.83 implies an upside of 23.70% from current levels.

The Cigna Group (NYSE:CI) provides global health services and operates through the following segments: Evernorth Health Services, Cigna Healthcare, Other Operations, and Corporate.

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