On 8/15/2016, shares of J P Morgan Chase & Co (NYSE:JPM) rose +0.61% in trading session and finally closed at $65.72.
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In case of Revenue Estimates, 19 analysts have provided their consensus Average Revenue Estimates for J P Morgan Chase & Co as 23.81 Billion.
When it comes to the Analysis of a Stock, Price Target plays a vital role. The Stock has its 52-week High of $69.03 and 52-Week Low of $50.07 and it touched its 52-week high on Nov 6, 2015 and 52-Week Low on Aug 24, 2015. For the current quarter the stock has a lowest EPS estimates of $1.29 and high estimate of $1.48. They now have a United States dollars 70 price target on the stock. The stock has its Price to Earnings (P/E) ratio of 11.13 and Forward Price to Earnings ratio of 10.59. They now have a Dollars 74 price target on the stock. J P Morgan Chase & Co got Downgrade on 8-Aug-16 where investment firm Citigroup Downgrade the stock from Buy to Neutral. They now have a United States dollars 72 price target on the stock. The company operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments.
06/28/2016 – J P Morgan Chase & Co had its “buy” rating reiterated by analysts at Deutsche Bank. They now have a Dollars 75 price target on the stock. 5 analysts call it Overweight, while 0 think it is Underweight. (NYSE:JPM)’s price to sales ratio for trailing twelve month stands at 4.47, whereas its price to book ratio for most recent quarter sits at 1.06. Concert Wealth Management Inc. now owns 77,849 shares of the financial services provider’s stock worth $4,829,000 after buying an additional 5,518 shares during the period. They now have a Dollars 67 price target on the stock.
In another news Gordon Smith, Chief Executive Officer of Consumer and Community Banking at JPMorgan Chase & Co.
JPMorgan Chase & Co.is a financial holding company. For the next 5 years, J P Morgan Chase & Co is expecting Growth of 4.45% per annum, whereas in the past 5 years the growth was 5.32% per annum.
A look at performance overview of J P Morgan Chase & Co depicts that Performance (Week) is -0.57 percent while Performance Month is 2.4%.
The stock is now trading at Distance from 20-Day simple moving Average of 1.82% whereas, Distance from 50-Day Simple moving average is 4.17 Percent and Distance from 200-Day Simple Moving Average of 6.79 percent. The stock’s market capitalization is 237.35B.
JPMorgan Chase & Co. has a 52-week low of $50.07 and a 52-week high of $69.03. (JPM) will present at the Barclays Global Financial Services Conference at The Sheraton New York Times Square in New York City on Monday, September 12, 2016, at 2:00 p.m. The Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through automatic teller machines, online, mobile and telephone banking. The Corporate & Investment Bank segment provides investment banking products and services, including advising on corporate strategy and structure, capital-raising in equity and debt markets, as well as loan origination and syndication; treasury services, such as cash management and liquidity solutions; and cash securities and derivative instruments, risk management solutions, prime brokerage, and research services. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. The unit is a new creation which aims to “better deliver the full range of credit products” to clients and “partner more effectively” with investment banking coverage and sales teams.
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Over the past two years bank stocks have seesawed back and forth with investors’ macro hopes and fears – hopes for rising rates, and fears of a turn in credit.
