Chime Financial, Inc. (NASDAQ:CHYM - Get Free Report) fell 1.5% during mid-day trading on Thursday . The stock traded as low as $30.30 and last traded at $30.58. 452,405 shares were traded during trading, a decline of 90% from the average session volume of 4,322,314 shares. The stock had previously closed at $31.03.
Wall Street Analysts Forecast Growth
Several brokerages have commented on CHYM. Wolfe Research started 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. Compass Point started coverage on Chime Financial in a report on Wednesday, July 2nd. They set a "neutral" rating and a $33.00 price target for the company. Canaccord Genuity Group began coverage on Chime Financial in a research note on Monday. They issued a "buy" rating and a $40.00 price objective on the stock. Keefe, Bruyette & Woods initiated coverage on shares of Chime Financial in a report on Tuesday. They issued an "outperform" rating and a $42.00 target price for the company. Finally, The Goldman Sachs Group began coverage on shares of Chime Financial in a research report on Monday. They set a "neutral" rating and a $34.00 price objective for the company. Five equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Chime Financial has an average rating of "Moderate Buy" and a consensus price target of $37.83.
Get Our Latest Stock Analysis on Chime Financial
Chime Financial Price Performance
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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