Stock analysts at Morgan Stanley started coverage on shares of Chime Financial (NASDAQ:CHYM - Get Free Report) in a report issued on Monday, MarketBeat.com reports. The firm set an "overweight" rating and a $39.00 price target on the stock. Morgan Stanley's price objective would indicate a potential upside of 22.03% from the company's current price.
Other research analysts also recently issued research reports about the stock. UBS Group initiated coverage on shares of Chime Financial in a report on Monday. They set a "neutral" rating and a $35.00 price target on the stock. Wall Street Zen upgraded shares of Chime Financial to a "hold" rating in a research report on Saturday, June 21st. Barclays initiated coverage on shares of Chime Financial in a research note on Monday. They issued an "overweight" rating and a $40.00 target price for the company. 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 target price for the company. Finally, Canaccord Genuity Group started coverage on shares of Chime Financial in a research note on Monday. They set a "buy" rating and a $40.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $37.83.
Read Our Latest Report on Chime Financial
Chime Financial Stock Performance
Shares of NASDAQ:CHYM traded up $0.31 during trading hours on Monday, hitting $31.96. The stock had a trading volume of 878,012 shares, compared to its average volume of 4,597,398. 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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