Chime Financial, Inc. (NASDAQ:CHYM - Get Free Report)'s stock price traded down 1.5% during mid-day trading on Thursday . The company traded as low as $30.30 and last traded at $30.58. 452,405 shares traded hands during trading, a decline of 90% from the average session volume of 4,322,314 shares. The stock had previously closed at $31.03.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the stock. William Blair assumed coverage on shares of Chime Financial in a research note on Monday, July 7th. They set an "outperform" rating for the company. JPMorgan Chase & Co. started coverage on shares of Chime Financial in a research note on Monday, July 7th. They set an "overweight" rating and a $40.00 target price for the company. Canaccord Genuity Group started coverage on shares of Chime Financial in a research note on Monday, July 7th. They issued a "buy" rating and a $40.00 price objective for the company. Keefe, Bruyette & Woods started coverage on shares of Chime Financial in a research note on Tuesday, July 8th. They issued an "outperform" rating and a $42.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Chime Financial in a research note on Monday, July 7th. They issued a "hold" rating and a $35.00 price objective for the company. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $37.83.
Get Our Latest Stock Report on Chime Financial
Chime Financial Trading Down 2.2%
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.
Further Reading
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