JPMorgan downgrades CIELO ON to 'neutral' with a price target of R$6.00

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JPMorgan downgrades CIELO ON to 'neutral' with a price target of R$6.00

An analyst from JPMorgan downgraded CIELO ON (BVMF: CIEL3 ) from 'overweight' to 'neutral' with a price target of R$6.00 from a prior price target of %currency%%price%.

Prior to this rating, CIELO ON had 7 buy ratings, 7 hold ratings, and 0 sell ratings.

For consensus analyst estimates and price targets on CIELO ON, click here. For more news on CIELO ON, click here.

CIELO ON's stock price closed at $4.72. They are down -16.16% in the last month and up 27.60% in the last 12 months.

According to Investing Pro, CIELO ON's fair value is $6.45, an upside of 36.74%. CIELO ON's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out CIELO ON's recent earnings performance and financials here.

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