InvestorsObserver is giving JPMorgan Chase & Co. (JPM) an Analyst Rating Rank of 30, meaning JPM is ranked higher by analysts than 30% of stocks. The average projection by analysts for JPM is $110.142 over the next 12 months and analyst’s classify the stock as a 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.
Investors Observer 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 $98.61 as of 2:45 PM on Friday, Jul 24, a decline of -$0.36, or -0.36% from the previous closing price of $98.97. Volume today is low. So far 8,607,516 shares have traded compared to average volume of 23,064,713 shares. The stock has traded between $98.26 and $99.80 so far today.
