In the last 3 months, 24 analysts have published their opinions on Nike NKE Stock. These analysts are typically employed by major Wall Street banks and tasked with understanding a company’s business in order to predict how a stock will trade over the coming year.
|Bullish||Rather bullish||Indifferent||a bit bearish||Bearish|
|last 30 days||0||1||0||0||0|
|2 months ago||0||0||2||0||0|
|3 months ago||6||13||2||0||0|
Over the past 3 months, 24 analysts have offered 12-month price targets for Nike. The company has an average price target of $134.46 with a high of $168.00 and a low of $115.00.
Below is a summary of how these 24 analysts have rated Nike over the past 3 months. The higher the number of bullish ratings, the more analysts are positive on the security and the higher the number of bearish ratings, the more analysts are negative on the security
This current average is down 11.86% from the previous average price target of $152.55.
Analysts are specialists in banking and financial systems who generally report on specific stocks or in defined sectors. These people research companies’ financial statements, participate in conference calls and meetings, and speak with relevant insiders to determine what are called analyst ratings for stocks. Typically, analysts rate each stock once a quarter.
Some analysts publish their forecasts for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and industry analysts are also human and only offer their opinions to investors.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.