JPMorgan Chase & Co. (NYSE:JPM) fell -0.82% during previous trade, a total of 14.13M shares exchanged hands compared with its average trading volume of 16.36M shares whereas its relative volume is 0.90. The stock has a market capitalization of $309.45B along with 3.55B outstanding shares. Stock’s intraday price range hit the peak level of $85.63 and touched the lowest level of $84.74.
Most recently JPMorgan Chase & Co. (NYSE:JPM)’s price target was revised on 4/13/17 and according to 27 analysts stock’s price will reach at $91.59 during 52 weeks with standard deviation of 15.90. Stock’s minimum price target estimates has been figured out at $52 while the maximum price target forecast is established at $108, if we look at the price target with an optimistic approach it has upside potential of 27% from its latest closing price of $85.16.
Historically, if we look at price target revisions, two weeks ago JPMorgan Chase & Co. (NYSE:JPM)’s price target was revised on 3/28/17 by the analysts, however the bullish price estimates of the stock set at $100 while the bearish estimates kept at $52 over the next one year. Stock’s 52-week target was retained at $83.25, the estimates indicates a standard deviation of 15.34.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.16. ABR value is precisely based on brokerage recommendations, where out of 19 brokerage recommendations 9 rate JPMorgan Chase & Co. (NYSE:JPM) stock a Strong Buy, 0 rate the stocks of the company a Buy, 9 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 1/17/17 the stock of JPMorgan Chase & Co. (NYSE:JPM) downgraded by Keefe Bruyette from Outperform to Mkt Perform. However previously on 11/9/16 it was downgraded by Robert W. Baird from Outperform to Neutral. A research note issued on 10/17/16 the stock was downgraded by Buckingham Research from Buy to Neutral.
JPMorgan Chase & Co. (NYSE:JPM) performance over the past one year soared 40.40% whereas its year to date (YTD) performance indicated a bearish trend of -0.19%. During the last six months the stock climbed 27.55%. Quarterly performance of the company shows optimistic momentum of 2.51% while its last one month trend is negative with -5.55%. Stock’s weekly performance expressed down trend of -0.84%.
The company’s price sits -3.84% below from its 50-day moving average of $88.86 and 12.01% far from the stock’s 200-day moving average which is $82.50. JPMorgan Chase & Co. (NYSE:JPM)’s shares are currently trading -8.86% away from the 52-week high price of $93.44 and +53.24% far from the 52-week low price of $55.57.
According to consensus agreement of 25 analysts JPMorgan Chase & Co. (NYSE:JPM) will report earnings per share of $1.65 in their quarterly report and it is expected to announce the company’s results on 7/13/17. For the current quarter the company has high EPS estimates of $1.76 in contradiction of low EPS estimates of $1.54. However a year ago for the same quarter the company has reported $1.55 EPS. Current year EPS projections for JPMorgan Chase & Co. (NYSE:JPM) set at $6.62 according to the sentiments of 29 analysts, while its lowest earnings estimates are $6.3 and highest earnings estimates are $7.
According to 19 analysts, JPMorgan Chase & Co. (NYSE:JPM)’s revenue estimates for the current quarter are $25.48B meanwhile the company has high revenue estimates of $26.41B in contradiction of low revenue estimates of $24.73B. For the current year the company’s revenue estimates are $102.02B compared to low analyst estimates of $98.91B and high estimates of $106.13B according to the projection of 23 analysts.