JPMorgan Chase’s stock upgraded to “Overweight” on positive operating leverage

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JPM Intrinsic Stock Value – JPMORGAN ($NYSE:JPM): JPMorgan Chase is one of the largest banks in the United States and its stock was upgraded to “Overweight” by Morgan Stanley analyst Betsy Graseck. The upgrade was based on the expectation that the bank’s operating leverage will improve in the next few years. JPMorgan’s operating leverage is the ratio of its expenses to its revenues and is expected to improve from -510 basis points to -260bps in 2022 and rise to +110bps in 2023. This means that the bank’s expenses will grow at a slower rate than its revenues, leading to increased profitability.

JPMorgan Chase has been focused on cost-cutting measures in recent years, which has helped to improve its operating leverage. The bank is also expected to benefit from higher interest rates and a stronger economy in the next few years.

Earnings

JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase”) today announced that its stock has been upgraded to “overweight” on positive operating leverage by investment research firm Piper Sandler. Over the last three years, JPMorgan Chase’s total revenue has increased from $4.4 billion to $4.6 billion. The company attributes this growth to its focus on expanding its customer base and improving its product offerings.

About the Company

Price History

This was a 0.2% increase from the prior closing price of 131.4. News for the company has been mostly positive as of late. This means that the company is able to generate more revenue with less costs.

This gives JPMorgan Chase a competitive advantage and makes it more likely that the company will be able to generate profits in the future. The company’s stock price has been on the rise in recent months, and analysts expect this trend to continue. Live Quote…

VI Analysis – JPM Intrinsic Stock Value

JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. The company’s fundamentals reflect its long-term potential. The intrinsic value of JPMorgan Chase & Co.’s stock is around $136.9, calculated by the VI Line. Now, JPMorgan Chase & Co.’s stock is traded at $131.6, a fair price undervalued by 4%. More…

VI Peers

In the banking industry, JPMorgan Chase & Co and its competitors Wells Fargo & Co, PNC Financial Services Group Inc, Banco BPM SpA compete for customers and market share. Each company offers a different suite of products and services, and each has its own strengths and weaknesses. JPMorgan Chase & Co has been able to maintain its position as one of the largest banks in the world by offering a wide range of products and services, as well as by providing customers with a high level of customer service.

– Wells Fargo & Co ($NYSE:WFC)

Wells Fargo & Co is an American multinational banking and financial services holding company headquartered in San Francisco, California. It is the world’s fourth-largest bank by market capitalization and the third largest in the United States. Wells Fargo & Co. provides banking, insurance, investments, mortgage, and consumer and commercial finance services through more than 8,700 locations, 13,000 ATMs, online (wellsfargo.com), and mobile banking, and has offices in 36 countries.

– PNC Financial Services Group Inc ($NYSE:PNC)

PNC Financial Services Group Inc is a large financial services company with a market cap of $65.38 billion as of 2022. The company provides a wide range of financial services, including banking, lending, investing, and asset management. PNC has a large customer base and a strong presence in the United States.

– Banco BPM SpA ($LTS:0RLA)

Banco BPM SpA is an Italian bank created through the merger of Banco Popolare and Banca Popolare di Milano in January 2017. The bank is the third largest in Italy with over 1,000 branches and 5 million customers. The bank offers a wide range of banking products and services including savings accounts, mortgages, loans, and investment products.

Summary

Investing in JPMorgan Chase can be a good way to gain exposure to the financial sector while also getting a diversified portfolio of assets. The company has a strong history of performance and is one of the largest banks in the world. While there may be some risks associated with investing in a bank, JPMorgan Chase has a strong track record and is a well-diversified company.