Aetna Up 11% After Hitting 52-Week High (AET)

Shares of Hartford, Connecticut-based Aetna Inc. AET are trading up 11% at $36.94 per share during the Friday afternoon trading session. The day's trading range for shares of Aetna Inc has been between $35.93 and $38.10 per share. Analysts covering the company's stock give it a consensus price target of $36.76 per share. Volume of 11.6 million shares is already nearly triple the daily average volume of 4 million shares. Aetna Inc. (AET) announced on Friday morning that it beat consensus Wall Street expectations. Aetna Inc announced 4th quarter operating earnings per share of 63 cents, on revenue of $8.51 billion. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 62 cents per share, on revenue of $8.4 billion. The company forecast full-year 2011 operating earnings per share of $3.70 to $3.80. Aetna Inc offers a broad range of traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities and health care management services for Medicaid plans. Read more from Benzinga's Company news.