# Elevance Health, Inc. – Consensus ‘buy’ rating and 26.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/elevance-health-inc.consensus-buy-rating-and-26.6-upside-potential/4121131803
- Published: 2023-11-01T15:03:10+00:00
- Author: Charlotte Edwards

**Elevance Health, Inc.** which can be found using ticker (ELV) have now 17 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The range
between the high target price and low target price is between $629.00 and $500.00
calculating the average target price we see $570.00. Given that the stocks previous
close was at $450.09 and the analysts are correct then there would likely be a percentage
uptick in value of 26.6%. It’s also worth noting that there is a 50 day moving average
of $449.91 while the 200 day moving average is $461.49. The company has a market
capitalization of 104.83B. The stock price for the company is currently $446.18 
USD

 The potential market cap would be $132,761,706,065 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 17.36, revenue per share of $711.73
and a 5.25% 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.

Share on: