JPMorgan Chase & Co. (NYSE:JPM) had its price target lifted by equities research analysts at UBS Group from $119.00 to $125.00 in a note issued to investors on Tuesday, 99wallstreet.com reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. UBS Group’s price objective suggests a potential upside of 11.34% from the stock’s current price.

Other equities analysts have also issued reports about the stock. Bank of America set a $102.00 price target on shares of JPMorgan Chase & Co. and gave the company a “buy” rating in a research note on Friday, October 13th. Jefferies Group set a $111.00 target price on shares of JPMorgan Chase & Co. and gave the stock a “buy” rating in a research report on Friday, October 13th. Credit Suisse Group restated a “buy” rating and set a $110.00 target price (up from $103.00) on shares of JPMorgan Chase & Co. in a research report on Monday, October 9th. They noted that the move was a valuation call. Royal Bank of Canada restated a “buy” rating and set a $105.00 target price on shares of JPMorgan Chase & Co. in a research report on Wednesday, November 15th. 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 research report on Wednesday, December 20th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and fifteen have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $104.44.

Shares of JPMorgan Chase & Co. (JPM) traded down $0.40 during trading on Tuesday, reaching $112.27. 22,714,200 shares of the company’s stock traded hands, compared to its average volume of 14,500,000. The stock has a market capitalization of $389,550.00, a price-to-earnings ratio of 17.60, a P/E/G ratio of 2.05 and a beta of 1.22. JPMorgan Chase & Co. has a one year low of $81.64 and a one year high of $113.43. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.01 and a quick ratio of 1.03.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings results on Friday, January 12th. The financial services provider reported $1.76 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.69 by $0.07. The company had revenue of $24.15 billion for the quarter, compared to analyst estimates of $24.87 billion. JPMorgan Chase & Co. had a net margin of 21.46% and a return on equity of 11.63%. The firm’s revenue was up 3.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.71 earnings per share. sell-side analysts predict that JPMorgan Chase & Co. will post 8.25 earnings per share for the current year.

In related news, General Counsel Stacey Friedman sold 2,099 shares of the stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $101.96, for a total transaction 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 $1,557,846.84. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.88% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of JPM. Bank of Montreal Can lifted its holdings in JPMorgan Chase & Co. by 4.6% in the fourth quarter. Bank of Montreal Can now owns 7,960,000 shares of the financial services provider’s stock valued at $851,243,000 after acquiring an additional 352,056 shares during the period. Davis R M Inc. lifted its holdings in JPMorgan Chase & Co. by 1.3% in the fourth quarter. Davis R M Inc. now owns 47,722 shares of the financial services provider’s stock valued at $5,103,000 after acquiring an additional 610 shares during the period. CWM LLC lifted its holdings in JPMorgan Chase & Co. by 4.4% in the fourth quarter. CWM LLC now owns 13,111 shares of the financial services provider’s stock valued at $1,402,000 after acquiring an additional 554 shares during the period. Baltimore Washington Financial Advisors Inc. lifted its holdings in JPMorgan Chase & Co. by 87.0% in the fourth quarter. Baltimore Washington Financial Advisors Inc. now owns 75,006 shares of the financial services provider’s stock valued at $8,021,000 after acquiring an additional 34,886 shares during the period. Finally, Whalerock Point Partners LLC lifted its holdings in JPMorgan Chase & Co. by 3.1% in the fourth quarter. Whalerock Point Partners LLC now owns 56,595 shares of the financial services provider’s stock valued at $6,053,000 after acquiring an additional 1,705 shares during the period. 73.78% of the stock is owned by hedge funds and other institutional investors.

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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.

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

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