JPMorgan Chase & Co. (NYSE:JPM)‘s stock had its “overweight” rating reiterated by equities researchers at Barclays PLC in a research report issued to clients and investors on Monday. They presently have a $100.00 price target on the financial services provider’s stock. Barclays PLC’s price target points to a potential upside of 11.07% from the stock’s previous close.

Several other brokerages also recently commented on JPM. Sandler O’Neill reaffirmed a “hold” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, January 11th. Nomura reaffirmed a “neutral” rating and issued a $80.00 price objective on shares of JPMorgan Chase & Co. in a research report on Tuesday, January 17th. Goldman Sachs Group Inc set a $89.00 price objective on JPMorgan Chase & Co. and gave the company a “hold” rating in a research report on Wednesday, January 11th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $94.00 price objective on shares of JPMorgan Chase & Co. in a research report on Wednesday, March 8th. Finally, CLSA reaffirmed a “buy” rating and issued a $79.00 price objective on shares of JPMorgan Chase & Co. in a research report on Wednesday, January 11th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and sixteen have given a buy rating to the company’s stock. JPMorgan Chase & Co. presently has an average rating of “Hold” and a consensus target price of $79.30.

Analyst Recommendations for JPMorgan Chase & Co. (NYSE:JPM)

Shares of JPMorgan Chase & Co. (NYSE:JPM) traded down 0.72% during trading on Monday, hitting $90.03. The stock had a trading volume of 14,623,597 shares. JPMorgan Chase & Co. has a 12 month low of $57.05 and a 12 month high of $93.98. The company has a market cap of $320.57 billion, a P/E ratio of 14.54 and a beta of 1.49. The stock has a 50-day moving average price of $89.56 and a 200 day moving average price of $79.20.

This article was originally published by and is the sole property of American Banking News. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of U.S. and International copyright law. The original version of this story can be read at https://www.americanbankingnews.com/2017/03/20/jpmorgan-chase-co-jpm-receives-overweight-rating-from-barclays-plc.html

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Friday, January 13th. The financial services provider reported $1.71 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.42 by $0.29. The firm had revenue of $24.30 billion for the quarter, compared to the consensus estimate of $23.48 billion. JPMorgan Chase & Co. had a return on equity of 10.91% and a net margin of 23.45%. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.68 EPS. Equities analysts expect that JPMorgan Chase & Co. will post $6.56 EPS for the current fiscal year.

Your IP Address:

In other JPMorgan Chase & Co. news, CFO Marianne Lake sold 13,072 shares of the stock in a transaction that occurred on Wednesday, January 18th. The stock was sold at an average price of $83.68, for a total transaction of $1,093,864.96. Following the transaction, the chief financial officer now owns 44,711 shares in the company, valued at $3,741,416.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Daniel E. Pinto sold 40,433 shares of the stock in a transaction that occurred on Tuesday, January 17th. The stock was sold at an average price of $84.15, for a total value of $3,402,436.95. Following the transaction, the director now owns 246,591 shares in the company, valued at approximately $20,750,632.65. The disclosure for this sale can be found here. Insiders have sold 202,699 shares of company stock worth $17,009,515 in the last quarter. 0.85% of the stock is currently owned by company insiders.

A number of institutional investors have recently modified their holdings of the company. Family Firm Inc. increased its position in JPMorgan Chase & Co. by 0.3% in the second quarter. Family Firm Inc. now owns 3,489 shares of the financial services provider’s stock valued at $217,000 after buying an additional 11 shares during the period. Marshwinds Advisory Co. increased its position in JPMorgan Chase & Co. by 0.3% in the third quarter. Marshwinds Advisory Co. now owns 4,383 shares of the financial services provider’s stock valued at $292,000 after buying an additional 11 shares during the period. Nadler Financial Group Inc. increased its position in JPMorgan Chase & Co. by 0.3% in the second quarter. Nadler Financial Group Inc. now owns 5,142 shares of the financial services provider’s stock valued at $320,000 after buying an additional 14 shares during the period. Jackson Grant Investment Advisers Inc. increased its position in JPMorgan Chase & Co. by 0.7% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 2,014 shares of the financial services provider’s stock valued at $125,000 after buying an additional 14 shares during the period. Finally, Brookstone Capital Management increased its position in JPMorgan Chase & Co. by 0.3% in the first quarter. Brookstone Capital Management now owns 5,613 shares of the financial services provider’s stock valued at $332,000 after buying an additional 15 shares during the period. Institutional investors own 73.65% of the company’s stock.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through automatic teller machines, online, mobile and telephone banking.

5 Day Chart for NYSE:JPM

Receive News & Ratings for JPMorgan Chase & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Chase & Co. and related companies with MarketBeat.com's FREE daily email newsletter.