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 most optimistic analyst gave a price target of 104, which equates to a potential upside of 13.6 percent. The minimum price target given was 83, which equates to a potential downside of -9.34 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.3 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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. 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. Also over the last month, 7 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
JPM has an estimated earnings growth rate of 0.52 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. 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. JPM has a PEG ratio of 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 below the high by 3.13 percent. 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 market cap of JPM is $326.61 billion. JPM's next earnings release will be on 0000-00-00, which is days away.