# Elevance Health, Inc. – Consensus ‘buy’ rating and 17.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/elevance-health-inc.consensus-buy-rating-and-17.0-upside-potential/4121166222
- Published: 2024-07-26T13:18:46+01:00
- Author: Charlotte Edwards

**Elevance Health, Inc.** with ticker code (ELV) have now 18 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between $665.00 and $530.00 calculating the mean target price we
have $599.13. Given that the stocks previous close was at $512.12 this would indicate
that there is a potential upside of 17.0%. The day 50 moving average is $531.41 
and the 200 moving average now moves to $499.98. The market capitalization for the
company is 119.20B. The stock price for the company is currently $514.03 USD

 The potential market cap would be $139,448,020,965 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 17.99, revenue per share of $735.10
and a 5.93% return on assets.

Elevance Health, Inc. is a health company. It operates as a health insurer in the
United States. The Company operates through four segments: Health Benefit, CarelonRx,
Carelon Services, and Corporate & Other. The Health Benefits segment offers a comprehensive
suite of health plans and services to individual, employer group risk-based, employer
group fee-based, BlueCard, Medicare, Medicaid and federal employees health benefits(
FEHB) program members. The CarelonRx segment includes its pharmacy business. CarelonRx
markets and offers pharmacy services to affiliated health plan customers, as well
as to external customers outside of the health plans. Carelon Services offers a 
broad array of healthcare-related services and capabilities to internal and external
customers including integrated care delivery, behavioral health, palliative care,
utilization management, payment integrity services and subrogation services, as 
well as health and wellness programs.

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