Shares of Jianpu Technology Inc – (NYSE:JT) have been assigned a consensus broker rating score of 3.00 (Hold) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold rating.
Brokerages have set a 12 month consensus target price of $5.83 for the company and are predicting that the company will post ($0.02) earnings per share for the current quarter, according to Zacks. Zacks has also given Jianpu Technology an industry rank of 163 out of 255 based on the ratings given to its competitors.
A number of equities analysts recently weighed in on JT shares. JPMorgan Chase & Co. reduced their price target on Jianpu Technology from $8.00 to $7.50 and set a “neutral” rating for the company in a report on Thursday, June 21st. Zacks Investment Research raised Jianpu Technology from a “sell” rating to a “hold” rating in a report on Thursday, August 30th.
NYSE JT traded up $0.02 during trading hours on Thursday, reaching $4.32. The company’s stock had a trading volume of 36,086 shares, compared to its average volume of 118,265. The stock has a market capitalization of $705.97 million and a price-to-earnings ratio of -18.78. Jianpu Technology has a 1-year low of $4.01 and a 1-year high of $9.49.
About Jianpu Technology
Jianpu Technology Inc operates a platform that provides online discovery and recommendation services for financial products in the People's Republic of China. Its platform allows users to access to financial products, including consumer and other loans, credit cards, and wealth management products.
Featured Article: Asset Allocation, Balancing Your Investments
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Jianpu Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jianpu Technology and related companies with MarketBeat.com's FREE daily email newsletter.