Analysts who follow Johnson & Johnson (JNJ) on average expect it to add 16.20% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns Johnson & Johnson an Analyst Ranking of 61, which means it ranks higher than 61 of stocks, based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Johnson & Johnson Stock Today?
Johnson & Johnson (JNJ) stock has fallen -0.16% while the S&P 500 is up 0.45% as of 2:04 PM on Friday, Jul 10. JNJ is lower by -$0.23 from the previous closing price of $142.49 on volume of 1,906,670 shares. Over the past year the S&P 500 has risen 5.55% while JNJ is up 1.53%. JNJ earned $6.41 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 22.19.
