A number of research firms have changed their ratings and price targets for J P Morgan Chase & Co (NYSE: JPM):

  • 7/17/2017 – J P Morgan Chase & Co had its “buy” rating reaffirmed by analysts at Bank of America Corporation. They now have a $99.00 price target on the stock.
  • 7/14/2017 – J P Morgan Chase & Co had its “outperform” rating reaffirmed by analysts at Credit Suisse Group. They now have a $102.00 price target on the stock.
  • 7/12/2017 – J P Morgan Chase & Co was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/10/2017 – J P Morgan Chase & Co had its “neutral” rating reaffirmed by analysts at Buckingham Research. They now have a $100.00 price target on the stock, up previously from $94.00.
  • 7/6/2017 – J P Morgan Chase & Co had its “neutral” rating reaffirmed by analysts at Goldman Sachs Group, Inc. (The). They now have a $93.00 price target on the stock.
  • 7/5/2017 – J P Morgan Chase & Co was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/3/2017 – J P Morgan Chase & Co had its “buy” rating reaffirmed by analysts at Deutsche Bank AG.
  • 6/29/2017 – J P Morgan Chase & Co had its price target lowered by analysts at Credit Suisse Group from $102.00 to $99.00. They now have an “outperform” rating on the stock.
  • 6/21/2017 – J P Morgan Chase & Co had its “outperform” rating reaffirmed by analysts at Bank of America Corporation. They now have a $99.00 price target on the stock.
  • 6/12/2017 – J P Morgan Chase & Co was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $97.41 price target on the stock.
  • 6/10/2017 – J P Morgan Chase & Co was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 6/7/2017 – J P Morgan Chase & Co had its “hold” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $92.00 price target on the stock.
  • 6/3/2017 – J P Morgan Chase & Co had its “neutral” rating reaffirmed by analysts at Instinet. They now have a $84.00 price target on the stock, down previously from $87.00.
  • 6/1/2017 – J P Morgan Chase & Co had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $85.00 price target on the stock.

J P Morgan Chase & Co (JPM) traded down 0.93% during midday trading on Monday, hitting $91.39. The stock had a trading volume of 14,371,181 shares. The firm’s 50-day moving average price is $85.98 and its 200 day moving average price is $87.09. The company has a market cap of $324.65 billion, a P/E ratio of 14.07 and a beta of 1.19. J P Morgan Chase & Co has a 12 month low of $63.38 and a 12 month high of $94.51.

J P Morgan Chase & Co (NYSE:JPM) last announced its earnings results on Friday, July 14th. The financial services provider reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.23. J P Morgan Chase & Co had a return on equity of 11.53% and a net margin of 24.13%. The firm had revenue of $25.50 billion during the quarter, compared to analyst estimates of $24.38 billion. During the same quarter in the prior year, the company earned $1.55 EPS. The business’s revenue was up 4.6% compared to the same quarter last year. On average, analysts expect that J P Morgan Chase & Co will post $6.62 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 31st. Investors of record on Thursday, July 6th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date of this dividend is Monday, July 3rd. J P Morgan Chase & Co’s dividend payout ratio (DPR) is presently 29.59%.

In related news, Director James S. Crown acquired 11,500 shares of J P Morgan Chase & Co stock in a transaction that occurred on Wednesday, April 19th. The stock was bought at an average price of $85.48 per share, with a total value of $983,020.00. Following the transaction, the director now directly owns 299,862 shares in the company, valued at $25,632,203.76. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ashley Bacon sold 6,514 shares of the firm’s stock in a transaction that occurred on Thursday, May 11th. The shares were sold at an average price of $87.21, for a total value of $568,085.94. Following the transaction, the insider now directly owns 47,384 shares of the company’s stock, valued at approximately $4,132,358.64. The disclosure for this sale can be found here. 0.85% of the stock is owned by company insiders.

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 offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.

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