News headlines about Jianpu Technology (NYSE:JT) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Jianpu Technology earned a news sentiment score of 0.02 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.4957701681325 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several equities analysts recently weighed in on JT shares. Morgan Stanley started coverage on shares of Jianpu Technology in a research note on Thursday, December 14th. They issued an “equal weight” rating and a $8.50 target price for the company. Zacks Investment Research cut shares of Jianpu Technology from a “hold” rating to a “sell” rating in a research note on Friday, March 9th. Goldman Sachs started coverage on shares of Jianpu Technology in a research note on Wednesday, December 13th. They issued a “buy” rating and a $10.00 target price for the company. Finally, JPMorgan Chase started coverage on shares of Jianpu Technology in a research note on Wednesday, December 20th. They issued a “neutral” rating and a $8.00 target price for the company.
Shares of Jianpu Technology stock opened at $5.21 on Friday. Jianpu Technology has a 1 year low of $4.75 and a 1 year high of $9.49.
Jianpu Technology (NYSE:JT) last announced its quarterly earnings results on Monday, March 5th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.13). The business had revenue of $89.86 million during the quarter. research analysts anticipate that Jianpu Technology will post -0.06 earnings per share for the current fiscal year.
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About Jianpu Technology
Jianpu Technology Inc operates a platform that provides online discovery and recommendation services for financial products in the People's Republic of China. Its platform allows users to access consumer and other loans, credit cards, and wealth management products related information. The company recommends loans and credit cards to individual users and assists the financial service providers in targeting users with specific characteristics based on the users' financial needs and credit profile, as well as the products offerings and risk appetite of the financial service providers.
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