InvestorsObserver is giving JPMorgan Chase & Co (JPM) an Analyst Rating Rank of 38, meaning JPM is ranked higher by analysts than 38% of stocks. The average price target for JPM is $166.47 and analyst’s rate the stock as a Strong Buy.
Why are Analyst Ratings Important?
A company’s financial statements are a significant factor weighted by experts when analyzing a company’s health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What’s Happening With JPMorgan Chase & Co Stock Today?
JPMorgan Chase & Co (JPM) stock is trading at $112.96 as of 11:30 AM on Thursday, Jun 16, a loss of -$2.45, or -2.12% from the previous closing price of $115.41. The stock has traded between $111.87 and $114.04 so far today. Volume today is light. So far 4,626,608 shares have traded compared to average volume of 13,477,850 shares. Click Here to get the full Stock Report for JPMorgan Chase & Co stock.
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Source: investorsobserver.com
