How Does Nike Inc (NKE) Stock Rank on Wall Street Monday?

Monday, January 24, 2022 02:22 PM | InvestorsObserver Analysts

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InvestorsObserver is giving Nike Inc (NKE) an Analyst Rating Rank of 58, meaning NKE is ranked higher by analysts than 58% of stocks. The average price target for NKE is $184.25 and analyst’s rate the stock as a Strong Buy.

Wall Street analysts are rating NKE a Strong Buy today. Find out what this means to you and get the rest of the rankings on NKE!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Nike Inc Stock Today?

Nike Inc (NKE) stock is trading at $142.89 as of 2:19 PM on Monday, Jan 24, a decline of -$0.06, or -0.04% from the previous closing price of $142.95. Volume today is 5,976,072 compared to average volume of 5,904,196. The stock has traded between $139.56 and $144.08 so far today. Click Here to get the full Stock Report for Nike Inc stock.

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