JPMorgan Chase & Co. (NYSE:JPM) has been assigned a $115.00 target price by Nomura in a research report issued to clients and investors on Friday. The firm presently has a “neutral” rating on the financial services provider’s stock. Nomura’s target price indicates a potential upside of 3.75% from the stock’s previous close.
A number of other research firms have also recently issued reports on JPM. Societe Generale cut shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating in a research report on Tuesday. Vetr lowered shares of JPMorgan Chase & Co. from a “sell” rating to a “strong sell” rating and set a $93.51 target price on the stock. in a report on Wednesday. Credit Suisse Group upgraded shares of JPMorgan Chase & Co. to a “buy” rating and set a $120.00 target price on the stock in a report on Friday, January 5th. Barclays upped their target price on shares of JPMorgan Chase & Co. from $105.00 to $132.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. Finally, Wells Fargo & Co set a $120.00 target price on shares of JPMorgan Chase & Co. and gave the stock a “buy” rating in a report on Wednesday, December 20th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. JPMorgan Chase & Co. presently has an average rating of “Hold” and an average target price of $100.46.
JPMorgan Chase & Co. (NYSE JPM) traded up $0.59 during mid-day trading on Friday, hitting $110.84. 13,676,700 shares of the stock were exchanged, compared to its average volume of 13,482,000. The company has a market cap of $388,540.00, a PE ratio of 15.90, a PEG ratio of 2.04 and a beta of 1.22. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.37. JPMorgan Chase & Co. has a one year low of $81.64 and a one year high of $110.93.
In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 2,099 shares of the stock in a transaction dated Thursday, October 26th. The shares were 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 owns 15,279 shares in the company, valued at approximately $1,557,846.84. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.88% of the company’s stock.
A number of large investors have recently bought and sold shares of JPM. Private Vista LLC purchased a new stake in shares of JPMorgan Chase & Co. during the 2nd quarter worth approximately $102,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of JPMorgan Chase & Co. during the 3rd quarter worth approximately $102,000. Welch Investments LLC purchased a new stake in shares of JPMorgan Chase & Co. during the 3rd quarter worth approximately $103,000. Legacy Advisors LLC purchased a new stake in shares of JPMorgan Chase & Co. during the 3rd quarter worth approximately $106,000. Finally, Atlantic Trust LLC purchased a new stake in shares of JPMorgan Chase & Co. during the 2nd quarter worth approximately $136,000. Hedge funds and other institutional investors own 73.76% of the company’s stock.
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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 offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.
