Oppenheimer lifts JPMorgan Chase & Co [JPM] price estimate. Who else is bullish?

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JPMorgan Chase & Co [NYSE: JPM] slipped around -3.47 points on Monday, while shares priced at $246.25 at the close of the session, down -1.39%.

Compared to the average trading volume of 9.10M shares, JPM reached a trading volume of 8884922 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about JPMorgan Chase & Co [JPM]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JPM shares is $244.56 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JPM stock is a recommendation set at 2.12. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Oppenheimer have made an estimate for JPMorgan Chase & Co shares, keeping their opinion on the stock as Perform, with their previous recommendation back on November 20, 2024. The new note on the price target was released on November 07, 2024, representing the official price target for JPMorgan Chase & Co stock. Previously, the target price had yet another raise from $220 to $224, while Morgan Stanley kept a Equal-Weight rating on JPM stock.

The Average True Range (ATR) for JPMorgan Chase & Co is set at 4.76, with the Price to Sales ratio for JPM stock in the period of the last 12 months amounting to 2.52. The Price to Book ratio for the last quarter was 2.14. Price to Free Cash Flow for JPM in the course of the last twelve months was 6.56.

How has JPM stock performed recently?

JPMorgan Chase & Co [JPM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.93. With this latest performance, JPM shares gained by 10.96% in over the last four-week period, additionally plugging by 22.01% over the last 6 months – not to mention a rise of 57.77% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JPM stock in for the last two-week period is set at 61.76, with the RSI for the last a single of trading hit 58.54, and the three-weeks RSI is set at 62.36 for JPMorgan Chase & Co [JPM]. The present Moving Average for the last 50 days of trading for this stock 227.11, while it was recorded at 249.20 for the last single week of trading, and 206.87 for the last 200 days.

JPMorgan Chase & Co [JPM]: Deeper insight into the fundamentals

JPMorgan Chase & Co’s liquidity data is similarly interesting compelling, with a Current Ratio set at 1.48.

Earnings analysis for JPMorgan Chase & Co [JPM]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JPM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for JPMorgan Chase & Co go to 1.67%.

Insider trade positions for JPMorgan Chase & Co [JPM]

There are presently around $73.75%, or 74.09%% of JPM stock, in the hands of institutional investors. The top three institutional holders of JPM stocks are: VANGUARD GROUP INC with ownership of 271.36 million shares, which is approximately 9.3307%. BLACKROCK INC., holding 198.69 million shares of the stock with an approximate value of $$40.19 billion in JPM stocks shares; and BLACKROCK INC., currently with $$25.46 billion in JPM stock with ownership which is approximately 4.3286%.

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