JPMorgan Chase & Co. (NYSE:JPM)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Credit Suisse Group in a research note issued to investors on Tuesday, The Fly reports. They currently have a $125.00 target price on the financial services provider’s stock, up from their prior target price of $120.00. Credit Suisse Group’s target price indicates a potential upside of 10.94% from the stock’s current price.

Several other analysts also recently issued reports on the stock. Wells Fargo & Co increased their price objective on shares of JPMorgan Chase & Co. from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday, October 27th. Royal Bank of Canada reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Friday, December 8th. Barclays increased their price objective on shares of JPMorgan Chase & Co. from $105.00 to $132.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. Buckingham Research raised shares of JPMorgan Chase & Co. from a “neutral” rating to a “buy” rating in a research report on Thursday, December 21st. Finally, BMO Capital Markets increased their price objective on shares of JPMorgan Chase & Co. from $86.00 to $91.00 and gave the company a “market perform” rating in a research report on Friday, October 13th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and fifteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $103.44.

Shares of JPMorgan Chase & Co. (NYSE JPM) opened at $112.67 on Tuesday. The stock has a market cap of $390,930.00, a P/E ratio of 17.66, a P/E/G ratio of 2.05 and a beta of 1.22. JPMorgan Chase & Co. has a 1 year low of $81.64 and a 1 year high of $112.85. The company has a current ratio of 1.01, a quick ratio of 1.03 and a debt-to-equity ratio of 1.24.

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

In other news, General Counsel Stacey Friedman sold 2,099 shares of the stock in a transaction that occurred 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 transaction, the general counsel now directly 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 accessible through this link. Corporate insiders own 0.88% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the company. Sit Investment Associates Inc. increased its holdings in shares of JPMorgan Chase & Co. by 10.0% during the third quarter. Sit Investment Associates Inc. now owns 664,070 shares of the financial services provider’s stock valued at $44,220,000 after purchasing an additional 60,170 shares during the period. David R. Rahn & Associates Inc. acquired a new position in shares of JPMorgan Chase & Co. during the second quarter valued at $1,458,000. Thomaspartners Inc. increased its holdings in shares of JPMorgan Chase & Co. by 2.8% during the first quarter. Thomaspartners Inc. now owns 2,209,051 shares of the financial services provider’s stock valued at $130,820,000 after purchasing an additional 59,821 shares during the period. J. W. Burns & Company increased its holdings in shares of JPMorgan Chase & Co. by 4.9% during the fourth quarter. J. W. Burns & Company now owns 58,957 shares of the financial services provider’s stock valued at $3,893,000 after purchasing an additional 2,766 shares during the period. Finally, BKD Wealth Advisors LLC increased its holdings in shares of JPMorgan Chase & Co. by 5.2% during the fourth quarter. BKD Wealth Advisors LLC now owns 37,046 shares of the financial services provider’s stock valued at $2,446,000 after purchasing an additional 1,832 shares during the period. Institutional investors own 73.78% 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.

The Fly

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

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