Analyst Ratings for JPMorgan Chase & Co. (JPM)Updated: 2017-07-27
Analysts covering JPMorgan Chase & Co. (NYSE:JPM) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for JPM last month.
28 analysts issued ratings on the stock, where 11 gave JPM a buy rating, 3 gave an overweight rating, 13 gave a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an decrease of 3 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
Investment analysts gave a few price targets for JPM. The maximum price target given was 104, which equates to a potential upside of 13.6 percent. The lowest price target was 83, which equates to a potential downside of -9.34 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.3 percent on average, compared to last month. That number becomes -0.88 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 2.56 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.95 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 5 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. During this time, 7 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
JPM has an estimated earnings growth rate of 0.52 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of JPM is 26.04.
JPM has traded between a high of 94.51 and a low of 63.38 over the past year. The current market price is above the trailing year's low by 44.45 percent, and below the high by 3.13 percent. JPM has a P/E ratio of 13.54. Investors typically compare the P/E ratio to a company's peers in the industry. The JPM value stock report compares JPM to some of its peers using value stock charts. The stock has a market capitalization of $326.61 billion. JPM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.