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.
Many analysts weighed in on price targets for JPM. The maximum price target given was 104, implying a possible profit of 13.6 percent. The most pessimistic analyst gave a price target of 83, implying potential capital losses 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. The average change in earnings estimates over the last 90 days is -0.88 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 2.56 percent. If we look at the last 90 days instead, we find a net average change of 1.95 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 5 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 7 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of JPM to grow at a rate of 0.52 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of JPM is 26.04.
In the last 52-weeks, JPM has achieved a high of 94.51 and a low of 63.38. Currently the stock is 44.45 percent higher than its low, and 3.13 percent lower than its 52-week high. JPM has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.