RBC Capital Reaffirms Their Buy Rating on Elevance Health (ELV)
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Hendrix covers the Healthcare sector, focusing on stocks such as Cigna, Elevance Health, and HCA Healthcare. According to TipRanks, Hendrix has an average return of 1.6% and a 46.08% success rate on recommended stocks.
In addition to RBC Capital, Elevance Health also received a Buy from Bernstein's Lance Wilkes in a report issued yesterday. However, on the same day, Argus Research downgraded Elevance Health (NYSE: ELV) to a Hold.
Based on Elevance Health's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $60.04 billion and a net profit of $2.28 billion. In comparison, last year the company earned a revenue of $43.65 billion and had a net profit of $2.3 billion
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is neutral on the stock. Most recently, in April 2025, Mark Kaye, the EVP & CFO of ELV sold 4,588.00 shares for a total of $1,949,074.16.
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