Chime Financial (NASDAQ:CHYM) Coverage Initiated by Analysts at UBS Group

Investment analysts at UBS Group started coverage on shares of Chime Financial (NASDAQ:CHYM - Get Free Report) in a research report issued to clients and investors on Monday, MarketBeat Ratings reports. The firm set a "neutral" rating and a $35.00 price target on the stock. UBS Group's price objective points to a potential upside of 13.60% from the stock's current price.

Other equities analysts have also recently issued reports about the stock. Evercore ISI began coverage on shares of Chime Financial in a research report on Monday. They set an "outperform" rating and a $38.00 price objective for the company. Wolfe Research began coverage on shares of Chime Financial in a research note on Monday. They issued an "outperform" rating and a $38.00 price target on the stock. Seaport Res Ptn raised shares of Chime Financial to a "strong-buy" rating in a research note on Monday, June 30th. Compass Point began coverage on shares of Chime Financial in a research note on Wednesday, July 2nd. They issued a "neutral" rating and a $33.00 price target on the stock. Finally, Wall Street Zen raised shares of Chime Financial to a "hold" rating in a research note on Saturday, June 21st. Five analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $37.83.

Chime Financial Price Performance

NASDAQ CHYM traded down $0.22 during mid-day trading on Monday, reaching $30.81. 1,119,736 shares of the stock were exchanged, compared to its average volume of 4,361,066. Chime Financial has a 1 year low of $28.21 and a 1 year high of $44.94.

About Chime Financial

Chime is a financial technology company that partners with federally regulated, FDIC-insured banks—The Bancorp Bank, N.A. and Stride Bank, N.A., Members FDIC—to provide consumer banking products and services. The company's model is designed to eliminate common fees and simplify access to basic financial services. Chime does not charge overdraft fees, monthly service fees, or require minimum balances.