JPMorgan Chase & Co. (NYSE:JPM) was downgraded by equities research analysts at Societe Generale from a “buy” rating to a “hold” rating in a report issued on Tuesday.

Several other research firms have also recently issued reports on JPM. Credit Suisse Group upgraded JPMorgan Chase & Co. to a “buy” rating and set a $120.00 target price for the company in a research report on Friday. Barclays increased their target price on JPMorgan Chase & Co. from $105.00 to $132.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 2nd. Wells Fargo & Co set a $120.00 target price on JPMorgan Chase & Co. and gave the stock a “buy” rating in a research report on Wednesday, December 20th. Buckingham Research upgraded JPMorgan Chase & Co. from a “neutral” rating to a “buy” rating in a research report on Thursday, December 21st. Finally, Royal Bank of Canada reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Friday, December 8th. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and sixteen have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $93.63.

Shares of JPMorgan Chase & Co. (NYSE JPM) traded up $0.96 on Tuesday, reaching $109.46. The company’s stock had a trading volume of 5,316,469 shares, compared to its average volume of 13,010,900. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.03 and a current ratio of 1.03. JPMorgan Chase & Co. has a fifty-two week low of $81.64 and a fifty-two week high of $110.03. The stock has a market capitalization of $379,350.00, a PE ratio of 15.70, a price-to-earnings-growth ratio of 2.04 and a beta of 1.22.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Thursday, October 12th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.09. JPMorgan Chase & Co. had a return on equity of 11.68% and a net margin of 24.08%. The firm had revenue of $25.33 billion during the quarter, compared to analysts’ expectations of $24.91 billion. During the same quarter last year, the business posted $1.58 earnings per share. The firm’s revenue was up 2.6% on a year-over-year basis. equities research analysts forecast that JPMorgan Chase & Co. will post 6.91 EPS for the current year.

In other news, General Counsel Stacey Friedman sold 2,099 shares of the firm’s stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $101.96, for a total value of $214,014.04. Following the completion of the sale, the general counsel now directly owns 15,279 shares of the company’s stock, valued at approximately $1,557,846.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.88% of the company’s stock.

Several large investors have recently bought and sold shares of JPM. Vanguard Group Inc. lifted its stake in shares of JPMorgan Chase & Co. by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 249,887,622 shares of the financial services provider’s stock worth $22,839,729,000 after acquiring an additional 3,717,683 shares during the last quarter. Northern Trust Corp lifted its stake in shares of JPMorgan Chase & Co. by 1.8% during the 2nd quarter. Northern Trust Corp now owns 48,965,734 shares of the financial services provider’s stock worth $4,475,468,000 after acquiring an additional 847,463 shares during the last quarter. Capital Research Global Investors lifted its stake in shares of JPMorgan Chase & Co. by 2.5% during the 2nd quarter. Capital Research Global Investors now owns 31,714,763 shares of the financial services provider’s stock worth $2,898,729,000 after acquiring an additional 765,082 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of JPMorgan Chase & Co. by 0.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 28,683,523 shares of the financial services provider’s stock worth $2,621,677,000 after acquiring an additional 176,306 shares during the last quarter. Finally, Legal & General Group Plc lifted its stake in shares of JPMorgan Chase & Co. by 1.8% during the 3rd quarter. Legal & General Group Plc now owns 18,083,319 shares of the financial services provider’s stock worth $1,727,118,000 after acquiring an additional 313,968 shares during the last quarter. 73.76% of the stock is owned by institutional investors and hedge funds.

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About JPMorgan Chase & Co.

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.

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

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