J and j stock buy or sell? (2024)

J and j stock buy or sell?

Johnson & Johnson stock has received a consensus rating of buy. The average rating score is Aaa and is based on 41 buy ratings, 35 hold ratings, and 1 sell ratings.

(Video) Which 3 Stocks Should YOU Buy? | KO vs PEP, DE vs CAT, JNJ vs MRK
(Let's Talk Money! with Joseph Hogue, CFA)
Is J&J a buy right now?

The highest analyst price target is $215.00 ,the lowest forecast is $160.00. The average price target represents 11.73% Increase from the current price of $158.55. Johnson & Johnson's analyst rating consensus is a Moderate Buy. This is based on the ratings of 14 Wall Streets Analysts.

(Video) A JNJ Stock Analysis and Review
(Nanalyze)
Where will JNJ stock be in 5 years?

Johnson & Johnson stock price stood at $159.50

According to the latest long-term forecast, Johnson & Johnson price will hit $200 by the end of 2026 and then $250 by the end of 2028. Johnson & Johnson will rise to $300 within the year of 2030 and $350 in 2033.

(Video) $9.5BILLION IN BITCOIN... PERFECT TIME TO SELL
(Traders Reality)
Is J and Ja good long term stock?

Johnson & Johnson is still a top pick for investors looking for a stable company whose dividend is safe. And while it is essential to monitor how its legal challenges develop, the company's stock is a buy regardless.

(Video) One DIVIDEND Stock I AM BUYING! (Dividend KING)
(CitizenOfTheYear)
What will JNJ stock price be in 2025?

Long-Term Johnson & Johnson Stock Price Predictions
YearPredictionChange
2025$ 168.915.70%
2026$ 178.5411.72%
2027$ 188.7118.08%
2028$ 199.4624.81%
2 more rows

(Video) Why Every Dividend Investor Needs To Buy This Passive Income Stock Now
(Ari Gutman)
Will JNJ stock go back up?

Stock Price Forecast

The 18 analysts offering 12-month price forecasts for Johnson & Johnson have a median target of 173.50, with a high estimate of 215.00 and a low estimate of 157.00. The median estimate represents a +8.77% increase from the last price of 159.51.

(Video) JNJ Reported Earnings… Here Are My Thoughts on This Dividend Stock
(Ari Gutman)
Is JNJ stock expected to rise?

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Johnson & Johnson stock have an average target of 166.5, with a low estimate of 40 and a high estimate of 215. The average target predicts an increase of 4.39% from the current stock price of 159.50.

J and j stock buy or sell? (2024)
Is JNJ going to split into two companies?

Why Johnson & Johnson is splitting itself into two publicly traded companies. Johnson & Johnson, the biggest pharmaceutical company in the U.S. based on market cap, announced in November 2021 it plans to spin off its consumer business into a new publicly traded company by November 2023.

What is Johnson and Johnson forecast for 2024?

Johnson & Johnson reiterated that 2024 earnings should come in around $10.55 to $10.75 a share. Operational sales are expected to rise 5% to 6%, suggesting a tally between $88.2 billion and $89 billion.

What is the future of Johnson & Johnson?

J&J expects to grow operational sales by 5%-7% through 2027. Notably, it anticipates a third of its sales to come from new products in 2027. The company set 2024 sales growth forecasts for between 5%-6%. It expects adjusted earnings per share to range between $10.55 and $10.75.

Why is JNJ stock so low?

The sprawling litigation over its talc products, in particular, took a turn for the worse in late July. Still, much of the drop likely stems from a broader malaise that's afflicted pharmaceutical and medical device stocks this year. More than one malady has struck the healthcare sector, and there's no panacea in sight.

Is Johnson and Johnson a safe stock?

This isn't a get-rich-quick stock, but few companies with staying power in your portfolio will be. On the other hand, if you're looking for a quality well-diversified business that can lend steady returns to your portfolio with time, Johnson & Johnson is a top healthcare stock to consider.

Is Johnson and Johnson a good stock to buy 2023?

While the stock is underperforming, Johnson & Johnson as a business is pivoting more toward growth of late. It spun off its consumer health business in 2023, and it has been spending money on acquisitions that can help boost its growth potential in the long run.

What are analysts saying about JNJ stock?

Based on analysts offering 12 month price targets for JNJ in the last 3 months. The average price target is $177.36 with a high estimate of $215 and a low estimate of $160.

Is JNJ overvalued or undervalued?

The market is currently overvaluing JNJ in relation to its projected growth due to the PEG ratio being above the fair market value of 1. JNJ's PEG comes from its forward price to earnings ratio being divided by its growth rate.

What is the JNJ outlook for 2023?

Johnson & Johnson (JNJ) Posts Strong Q4 and Full-Year 2023 Results with Sales and EPS Growth. Q4 Sales Growth: Reported a 7.3% increase to $21.4 billion, with operational growth of 7.2%. Full-Year Sales Growth: Achieved a 6.5% rise to $85.2 billion, with operational growth of 7.4%.

What is the 5 year forecast for JP Morgan stock?

JPMorgan Chase stock price stood at $172.28

According to the latest long-term forecast, JPMorgan Chase price will hit $200 by the end of 2024 and then $250 by the end of 2026. JPMorgan Chase will rise to $300 within the year of 2028, $350 in 2029, $400 in 2031 and $450 in 2034.

Is Walmart stock expected to go up?

The 30 analysts with 12-month price forecasts for Walmart stock have an average target of 178.83, with a low estimate of 163 and a high estimate of 210. The average target predicts an increase of 8.86% from the current stock price of 164.27. * Price targets were last updated on Nov 17, 2023.

What is the new company for JNJ stock?

NEW BRUNSWICK, N.J. September 28, 2022 — Johnson & Johnson (the “Company”) (NYSE: JNJ) today took another step forward in establishing two independent, market-leading companies with the announcement of Kenvue as the name for the planned New Consumer Health Company.

What will happen to my JNJ stock after split?

What does the J&J split mean for shareholders? If you currently own shares of Johnson & Johnson, when the company splits, you will own shares of both Johnson & Johnson – which will be the new pharmaceutical/medical device business – as well as shares of Kenvue, the new consumer health business.

Which stock I should buy today?

Last Updated On 27-Jan-2024
Company NameLTPHigh
SBI Life Insuran1380.91414.9
Adani Ports1146.31155.75
NTPC314.75317.2
Nestle India2482.152528
38 more rows

What is the prediction for Tesla stock?

The average price target for Tesla is $223.28. This is based on 31 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $345.00 ,the lowest forecast is $23.53. The average price target represents 22.26% Increase from the current price of $182.63.

Is JNJ dividend safe?

JNJ's six decades and counting of consecutive dividend growth inherently tells you that its dividend is very safe. This is supported by the company's adjusted diluted EPS (47%) payout ratio. This payout ratio is well below the 60% that rating agencies consider safe for JNJ's industry, which bolsters dividend coverage.

Who owns the most JNJ stock?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Morgan Stanley, State Farm Mutual Automobile Insurance Co, Jpmorgan Chase & Co, and Northern ...

Who owns the most shares of JNJ?

Shareholders
NameEquities%
Vanguard Group, Inc. (Subfiler) 9.113 %219,364,4219.113 %
The Vanguard Group, Inc. 9.108 %219,256,2519.108 %
STATE STREET CORPORATION 5.440 %130,950,1385.440 %
BlackRock Institutional Trust Co. NA 2.231 %53,697,2132.231 %
6 more rows

References

Popular posts
Latest Posts
Article information

Author: Edmund Hettinger DC

Last Updated: 29/02/2024

Views: 5400

Rating: 4.8 / 5 (58 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Edmund Hettinger DC

Birthday: 1994-08-17

Address: 2033 Gerhold Pine, Port Jocelyn, VA 12101-5654

Phone: +8524399971620

Job: Central Manufacturing Supervisor

Hobby: Jogging, Metalworking, Tai chi, Shopping, Puzzles, Rock climbing, Crocheting

Introduction: My name is Edmund Hettinger DC, I am a adventurous, colorful, gifted, determined, precious, open, colorful person who loves writing and wants to share my knowledge and understanding with you.