Throughout the last three months, 12 analysts have evaluated JPMorgan Chase JPM, offering a diverse set of opinions from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 10 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 5 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 4 | 1 | 0 | 0 |
Analysts have recently evaluated JPMorgan Chase and provided 12-month price targets. The average target is $208.67, accompanied by a high estimate of $238.00 and a low estimate of $185.00. Observing a 4.07% increase, the current average has risen from the previous average price target of $200.50.
Investigating Analyst Ratings: An Elaborate Study
A comprehensive examination of how financial experts perceive JPMorgan Chase is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Glenn Schorr | Evercore ISI Group | Raises | Outperform | $210.00 | $188.00 |
| Gerard Cassidy | RBC Capital | Maintains | Outperform | $185.00 | - |
| Mike Mayo | Wells Fargo | Raises | Overweight | $220.00 | $200.00 |
| Chris Kotowski | Oppenheimer | Lowers | Outperform | $219.00 | $238.00 |
| Gerard Cassidy | RBC Capital | Maintains | Outperform | $185.00 | - |
| Scott Siefers | Piper Sandler | Raises | Overweight | $210.00 | $200.00 |
| Chris Kotowski | Oppenheimer | Raises | Outperform | $238.00 | $232.00 |
| Betsy Graseck | Morgan Stanley | Raises | Overweight | $221.00 | $191.00 |
| Chris Kotowski | Oppenheimer | Lowers | Outperform | $232.00 | $234.00 |
| Scott Siefers | Piper Sandler | Raises | Overweight | $200.00 | $190.00 |
| James Fotheringham | BMO Capital | Raises | Market Perform | $194.00 | $192.00 |
| Matt O'Connor | Deutsche Bank | Raises | Buy | $190.00 | $140.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to JPMorgan Chase. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of JPMorgan Chase compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for JPMorgan Chase's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of JPMorgan Chase's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on JPMorgan Chase analyst ratings.
Unveiling the Story Behind JPMorgan Chase
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $3.9 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.
Financial Insights: JPMorgan Chase
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: JPMorgan Chase's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 11.85%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: JPMorgan Chase's net margin excels beyond industry benchmarks, reaching 22.98%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): JPMorgan Chase's ROE stands out, surpassing industry averages. With an impressive ROE of 3.0%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.23%, the company showcases effective utilization of assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.45.
The Basics of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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