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 most pessimistic price target was 83, which equates to a potential downside of -9.34 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.3 percent. 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. 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. Over the past month, 5 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Over the same time period, 7 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
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. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. JPM has a PEG ratio of 26.04.
JPM has traded between a high of 94.51 and a low of 63.38 over the past year. Today's price is 44.45 percent above the 52-week low, and 3.13 percent below the high. 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 will post this quarters earnings in days, on 0000-00-00.