Deutsche Bank Aktiengesellschaft started coverage on shares of Chime Financial (NASDAQ:CHYM - Free Report) in a report released on Monday morning, Marketbeat.com reports. The brokerage issued a hold rating and a $35.00 price objective on the stock.
A number of other equities research analysts also recently weighed in on the stock. Evercore ISI assumed coverage on shares of Chime Financial in a report on Monday. They issued an "outperform" rating and a $38.00 price target for the company. Compass Point assumed coverage on shares of Chime Financial in a report on Wednesday, July 2nd. They issued a "neutral" rating and a $33.00 price target for the company. William Blair assumed coverage on Chime Financial in a report on Monday. They set an "outperform" rating on the stock. UBS Group assumed coverage on Chime Financial in a report on Monday. They set a "neutral" rating and a $35.00 price objective on the stock. Finally, Wolfe Research assumed coverage on Chime Financial in a report on Monday. They set an "outperform" rating and a $38.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Chime Financial currently has a consensus rating of "Moderate Buy" and an average price target of $37.83.
Check Out Our Latest Analysis on CHYM
Chime Financial Price Performance
NASDAQ CHYM traded down $0.22 on Monday, reaching $30.81. The company's stock had a trading volume of 1,119,736 shares, compared to its average volume of 4,361,066. Chime Financial has a twelve month low of $28.21 and a twelve month high of $44.94.
Chime Financial Company Profile
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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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