Major Analyst Actions Under Review: Johnson & Johnson (JNJ), The Meet Group, Inc. (MEET)

The recently concluded session had traders exchanging Johnson & Johnson (NYSE:JNJ) low level. Roughly 4.73 million shares changed hands compared to the three-month volume average 8.26 million shares. The first trade took place at $131.09 and the stock went up 0.15% to attain the closing price of $130.62.

Johnson & Johnson (JNJ) Analyst Opinion

Johnson & Johnson has a consensus outperform rating from 22 Wall Street analysts, and the number of shares currently sold short amount to at least 0.77% of shares outstanding. The stock sank -1.28% last month and is down -6.51 this year. Wall Street is only getting more bullish on the stock, with 11 of analysts who cover JNJ having a buy-equivalent rating. Analysts have placed a $149.48 price target on Johnson & Johnson, suggesting a 14.44% gain from recent close. It’s currently trading about -11.93% below its 52-week high.

Johnson & Johnson Earnings Surprise

Johnson & Johnson (JNJ) surprised the stock market in its last reported earnings when it earned $1.74 a piece versus the consensus-estimated $1.72. Its revenue totaled $20.07 billion up 2.15% from the previous quarter.

Johnson & Johnson (NYSE:JNJ) Intraday View

This stock (JNJ) is ahead of its 52-week low with 8%. Its last month’s stock price volatility remained 1.5% which for the week stands at 2.11%. The share price has moved forward from its 20 days moving average, trading at a distance of 1.1% and stays 0.04% away from its 50 days moving average. Over the last five days, shares have managed 1.97% gains and now is down -3.48% since hitting its 200-day moving average of $136.47. Johnson & Johnson (JNJ) has made its way to a 12-month gain of 4.16%.

Turning to The Meet Group, Inc. (NASDAQ:MEET), its shares were trading at $2.22 a retreat of $0, on the trading floor. The stock, after opening at $2.2, touched a high of $2.28 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.5. The Meet Group, Inc. has 1 buy ratings, 2 holds and 0 sells even after the stock tumbled -65.58% from its high of $6.45 to a $158.26 million market value through last close.

The Meet Group, Inc. (MEET) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.25 to 2.25 during a month. Analysts set a 12-month price target of $4.06 a share. The target implies a 82.88% spike from where the shares are currently trading. Also, the current price highlights a discount of 80.18% to analysts’ high consensus price target.

The Meet Group, Inc. (NASDAQ:MEET) Intraday Trading

The counter witnessed a trading volume of 1.11 million shares versus an average volume of 1.21 million shares during last trading session. Its last month’s stock price volatility remained 9.06% which for the week approaches 7.21%. The lowest price the stock reached in the last trading day was $2.15 and compares with the $1.84 52-week low. The stock recovered 20.65% since its low point and has performed -21.28% year-to-date.