Jmia stock price forecast metrics turn neutral short-term

JMIA stock price forecast metrics turn neutral short-term, awaiting quarterly GMV figures. Price action suggests a potential consolidation phase ahead. Today, RBC analyst Brad Erickson raised his price target on Jumia from $6.50 all the way to $15 per share. Even after today's rally, the stock only trades around $12 per share. % for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor . JMIA stock price forecast models incorporate rising mobile commerce adoption rates. Valuation models using EV/Sales ratio signal moderate undervaluation compared to sector peers.