Equities researchers at UBS Group initiated coverage on shares of Chime Financial (NASDAQ:CHYM - Get Free Report) in a research report issued to clients and investors on Monday, MarketBeat reports. The firm set a "neutral" rating and a $35.00 price target on the stock. UBS Group's price target would suggest a potential upside of 10.58% from the stock's current price.
Other research analysts have also issued reports about the company. Seaport Res Ptn upgraded Chime Financial to a "strong-buy" rating in a report on Monday, June 30th. Wall Street Zen upgraded Chime Financial to a "hold" rating in a research note on Saturday, June 21st. Compass Point began coverage on Chime Financial in a report on Wednesday, July 2nd. They issued a "neutral" rating and a $33.00 target price on the stock. Barclays initiated coverage on Chime Financial in a research report on Monday. They set an "overweight" rating and a $40.00 price target on the stock. Finally, Wolfe Research assumed coverage on Chime Financial in a research report on Monday. They issued an "outperform" rating and a $38.00 price objective for the company. Five equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Chime Financial currently has an average rating of "Moderate Buy" and an average price target of $37.45.
Check Out Our Latest Stock Analysis on Chime Financial
Chime Financial Stock Performance
CHYM traded up $0.33 on Monday, hitting $31.65. The company had a trading volume of 3,206,897 shares, compared to its average volume of 4,847,447. Chime Financial has a 1-year low of $28.21 and a 1-year high of $44.94.
About Chime Financial
(
Get Free Report)
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.
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