The shares of JPMorgan Chase & Co. (NYSE:JPM) has been pegged with a rating of Hold by Jefferies in its latest research note that was published on January 8th, 2019. Jefferies wasn’t the only research firm that published a report of JPMorgan Chase & Co., with other equities research analysts also giving their opinion on the stock. Barclays advised investors in its research note published on January 2nd, 2019, to Overweight the JPM stock while also putting a $140 price target. The stock had earned Neutral rating from Atlantic Equities when it published its report on December 19th, 2018. The stock was given Hold rating by HSBC Securities in its report released on April 11th, 2018, the day when the price target on the stock was placed at $111. Morgan Stanley was of a view that JPM is Overweight in its latest report on February 21st, 2018 while giving it a price target of $136. Keefe Bruyette thinks that JPM is worth Outperform rating. This was contained in the firm’s report on February 13th, 2018.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 14 believe it has the potential for further growth, thus rating it as Hold while 8 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $118.35. The price of the stock the last time has raised by 21.11% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 53.89.
The shares of the company added by 1.08% during the trading session on Monday, reaching a low of $110.22 while ending the day at $110.34. During the trading session, a total of 11.35 million shares were traded which represents a 7.24% incline from the average session volume which is 12.24M shares. JPM had ended its last session trading at 109.16. JPMorgan Chase & Co. currently has a market cap of $361.91B, while its P/E ratio stands at 11.91, while its P/E earnings growth sits at 4.43, with a beta of 1.17. JPMorgan Chase & Co. debt-to-equity ratio currently stands at 1.25, while its quick ratio hovers at . JPM 52-week low price stands at $91.11 while its 52-week high price is $119.24.
The company in its last quarterly report recorded $2.65 earnings per share which is above the $2.35 predicted by most analysts. The JPMorgan Chase & Co. generated $29,851.00 million in revenue during the last quarter, which is slightly higher than the $28,439.10 million predicted by analysts. In the second quarter last year, the firm recorded $1.98 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 25.28%. JPMorgan Chase & Co. has the potential to record 9.27 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Tudor Pickering published a research note on April 8th, 2019 where it informed investors and clients that Exxon Mobil Corporation (NYSE:XOM) is now rated as Hold. Barclays also rated XOM as Reiterated on January 2nd, 2019, with its price target of $140 suggesting that XOM could surge by 11.9% from its current share price. Even though the stock has been trading at $74.58/share, analysts expect it to surge higher by 0.44% to reach $85.03/share. It started the day trading at $75.33 and traded between $74.45 and $74.91 throughout the trading session.
A look at its technical shows that XOM’s 50-day SMA is 77.94 while its 200-day SMA stands at 78.20. The stock has a high of $87.36 for the year while the low is $64.65. The company’s P/E ratio currently sits at 17.27, while the P/B ratio is 1.67. At the moment, only of Exxon Mobil Corporation shares were sold short. The company’s average trading volume currently stands at 11.15M shares, which means that the short-interest ratio is just 3.33 days. Over the past seven days, the company moved, with its shift of 4.22%. Looking further, the stock has dropped -6.10% over the past 90 days while it lost -4.44% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more XOM shares, increasing its portfolio by +1.39% during the last quarter. This move now sees The Vanguard Group Inc purchasing 4,638,919 shares in the last quarter, thus it now holds 338,989,687 shares of XOM, with a total valuation of $27,214,092,072. SSgA Funds Management Inc meanwhile bought more XOM shares in the recently filed quarter, changing its stake to $16,396,091,047 worth of shares. BlackRock Fund Advisors followed the path by decreasing its XOM portfolio by -2.08% in the quarter. This means that BlackRock Fund Advisors sold -4,161,003 shares in the last quarter and now controls 196,274,234 shares of the XOM stock, with the valuation hitting $15,756,895,506.
Similarly, Northern Trust Investments Inc increased its Exxon Mobil Corporation shares by +0.55% during the recently filed quarter. After buying 311,887 shares in the last quarter, the firm now controls 57,489,120 shares of Exxon Mobil Corporation which are valued at $4,615,226,554. In the same vein, Geode Capital Management LLC increased its Exxon Mobil Corporation shares by during the most recent reported quarter. The firm bought 4,664,609 shares during the quarter which increased its stakes to 56,860,401 shares and is now valued at $4,564,752,992. Following these latest developments, around 0.10% of Exxon Mobil Corporation stocks are owned by institutional investors and hedge funds.