EPS Estimates Lure Passive Investments: JPMorgan Chase (NYSE:JPM), The Bank of New York Mellon (NYSE:BK)

JPMorgan Chase & Co. (NYSE:JPM) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 0.47% to $86.29. Finally, analysts shed their light over the JPM price targets; maintaining price high target of 102 while at average the price target was 84.33 in contrast with the current price of 86.29. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.

So does the rankings given by analysts; let us highlight rankings table and we had 15 analysts recommending BUY ratings for current month and for previous month 15 stands on similar situation; while 13 for the current month as compared to 13 analysts recommending for HOLD from the pool for previous month. While 2 stands at overweight and 2 out of pool consider it as Sell for current month. For the overall, consensus ratings were for Overweight.

The share price of JPM attracts active investors, as stock price of week volatility recorded 1.07%. The stock is going forward to its 52-week low with 68.08% and lagging behind from its 52-week high price with -1.26%.

The Bank of New York Mellon Corporation (NYSE:BK) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.08% to close at $47.38 with the total traded volume of 3.6 Million shares. Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked BK in recent few months. In ratings table the BK given BUY ratings by 7 analysts in current phase and 2 analysts suggest it as overweight security. While 10 number of analysts gave ratings for HOLD in current. As per remarks given by WSJ, overall consensus pool recommends it as Overweight security.

The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $0.77 at current month while compared with $0.76 in a month ago. The stock next year first quarter current estimate trend for EPS was for $0.81 and on annual basis FY 2016 estimate trends at current was for $3.15 as compared to one month ago of $3.15, and for next year per share earnings estimates have $3.50.

The firm has institutional ownership of 81.90%, while insider ownership included 0.20%. Its price to sales ratio ended at 14.40. BK attains analyst recommendation of 2.50 with week performance of -0.48%.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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