Analysts Set $1.80 Price Target for Jianpu Technology Inc. (NASDAQ:FINV)
Shares of Jianpu Technology Inc. (NASDAQ:FINV) have received a consensus broker rating score of 2.00 (Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company. Jianpu Technology’s rating score has declined by 100% from three months ago as a result of various analysts’ upgrades and downgrades.
Brokerages have set a one year consensus target price of $1.80 for the company and are forecasting that the company will post $0.15 EPS for the current quarter, according to Zacks. Zacks has also assigned Jianpu Technology an industry rank of 84 out of 254 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded Jianpu Technology from a “hold” rating to a “strong-buy” rating and set a $1.75 price objective for the company in a report on Monday.
Jianpu Technology (NASDAQ:FINV) last released its quarterly earnings results on Thursday, March 19th. The company reported $0.19 EPS for the quarter. The business had revenue of $177.08 million for the quarter.
The business also recently disclosed a dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 7th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, April 6th.
Jianpu Technology Company Profile
FinVolution Group, an investment holding company, operates an online consumer finance marketplace through its platform in the People's Republic of China. It provides services to connect borrowers and investors, whose needs have not been met by traditional financial institutions. The company primarily offers standard loan products; and investment services to individual investors and institutional funding partners.
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