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

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!

See Full NKE Report

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.