Brazil was the standout in JPMorgan Chase & Co. (NYSE:JPM)’s re-rating of Latin American equity markets as the firm raised its year-end price target for the Ibovespa index while lowering forecasts for the rest of the region. Strategist Emy Shayo increased the 2019 target for the Brazilian benchmark to 108,000 from 105,900, implying about a 6% increase from current levels. The more optimistic projection is based on expectations that approval of social security reform will lead to more growth and lower risk. It comes as Brazil’s weaker-than-expected economic recovery has been leading to downward revisions to earnings estimates.
JPMorgan Chase & Co. (NYSE:JPM), a Financial sector firm, traded 12.94 Million shares in last trading session with closing price of $108.66 per share. Company return on investment (ROI) is 8.20%. Stock value has moved between $91.31 – 119.41 in last one year. Analyst’s mean target price for JPMorgan Chase & Co. (NYSE:JPM) is $118.84 while analysts mean recommendation is 2.30. JPM EPS growth this year is 31.50%.
On last trading day, Inter Parfums, Inc. (NASDAQ:IPAR) shares closed at $66.60 per share. IPAR market capitalization is 2056.61 with beta of 0.96. Analyst’s mean target price for Inter Parfums, Inc. (NASDAQ:IPAR) is $74.80 whereas analysts mean recommendation is 2.80. Its weekly performance is 0.36% while year to date (YTD) performance is 1.57%.
In last session Bioceres Crop Solutions Corp. (NYSE:BIOX) traded 17201 shares and was closed at $5.34. Company is -50.00% away from its 52 week high and is moving 33.17% ahead of its 52 week low. Bioceres Crop Solutions Corp. (NYSE:BIOX) quarterly performance is 6.80% while its price to sale ratio is 1.55.
America’s Car-Mart, Inc. (NASDAQ:CRMT), a Services sector firm, traded 84164 shares on last trading day with closing price of $85.90 per share. Company gross margin stands at 48.60% whereas its return on investment (ROI) is 8.90%. Stock value has moved between $60.49 – 103.49 in last one year. Analyst’s mean target price for America’s Car-Mart, Inc. (NASDAQ:CRMT) is $104.00 while analysts mean recommendation is 1.80. CRMT EPS growth this year is 53.40%.