JNJ Stock: A Healthy Choice for Investors

RediksiaFriday, 5 January 2024 | 06:23 GMT+0000
JNJ Stock: A Healthy Choice for Investors
JNJ Stock: A Healthy Choice for Investors

JNJ is a generous and reliable dividend payer, with a long history of dividend growth, a reasonable payout ratio, and an attractive yield. JNJ stock is currently trading at $160.63 per share, with a forward P/E ratio of 14.7 and a forward dividend yield of 3%. JNJ stock has a consensus buy rating from analysts, with a 12-month average price target of $167.731, implying a potential upside of 4.4%. JNJ stock is a solid investment option for long-term investors who value stability, growth, and dividends.