Analysts Ratings for JPMorgan Chase & Co. (JPM)

14 April, 2018, 13:47 | Author: Terri Saunders
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J.P. Morgan Chase (NYSE: JPM) on Friday reported first-quarter earnings that beat on both the top and bottom line, although trading revenue growth remained light. Kistler Tiffany Companies LLC now owns 16,431 shares of the financial services provider's stock worth $1,757,000 after acquiring an additional 463 shares during the last quarter. Finally, Neumann Capital Management LLC grew its position in JPMorgan Chase by 0.4% in the second quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of JPMorgan Chase by 3.0% in the 4th quarter. (NYSE:JPM) for 6,668 shs. JP Morgan Chase has $136 highest and $92.0 lowest target.

Lakos-Bujas forecasts that companies are set to spend a record $800 billion on share buybacks this year, which would provide more support for their stocks.

JPMorgan Chase & Co. had 9 sales and 1 insider purchase since October 25, 2017. JPMorgan Chase's dividend payout ratio (DPR) is presently 32.61%. Schwab Charles Investment Management Inc. now owns 12,689,478 shares of the financial services provider's stock worth $1,356,838,000 after purchasing an additional 373,921 shares in the last quarter. 142 funds took positions and 611 increased positions. Following the completion of the transaction, the chief executive officer now owns 479,882 shares of the company's stock, valued at $53,866,754.50.

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The stock decreased 2.66% or $3.01 during the last trading session, reaching $110.36.JPMorgan Chase & Co.is uptrending after having risen 23.99% since April 13, 2017. About 25.59M shares traded or 56.27% up from the average. The firm's 50 day moving average is $85.92 and its 200 day moving average is $74.65. The Stock has its 52-week High of $119.33 and 52-Week Low of $ 81.64 and it touched its 52-week high on 02/27/18 and 52-Week Low on 05/31/17. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.24. (NYSE:JPM) released its Q1 2018 earnings report before opening bell this morning.

JPMorgan Chase, the nation's largest bank by assets and deposits, had a profit of $8.71 billion in the first quarter, a jump of 35 percent from a profit of $6.45 billion in the same period a year earlier. Our multi-year investments in Treasury Services and Securities Services are paying off, with revenue up 14% and 16% in those businesses. Analysts polled by Bloomberg had expected earnings of $2.28 and revenue of $27.71 billion. The institutional investor held 500,000 shares of the metal fabrications company at the end of 2017Q4, valued at $1.99M, up from 257,041 at the end of the previous reported quarter. B And T Mngmt Dba Alpha Mngmt has 2.15% invested in JPMorgan Chase & Co. Buckingham Research raised shares of JPMorgan Chase from a "neutral" rating to a "buy" rating in a report on Thursday, December 21st. Vining Sparks restated a "buy" rating and issued a $130.00 price objective on shares of JPMorgan Chase in a report on Friday, April 6th.

The Federal Reserve has been steadily raising interest rates for more than two years now, and banks have started benefiting from this change. Finally, Wells Fargo set a $120.00 target price on shares of JPMorgan Chase and gave the company a "buy" rating in a research note on Wednesday, December 20th. The company now has an average rating of "Buy" and an average price target of $77.05. 3,783 shares valued at $425,399 were sold by Giles Nicole on Saturday, January 13. BACON ASHLEY sold $1.84 million worth of JPMorgan Chase & Co. The shares were sold at an average price of $112.33, for a total value of $1,991,498.57. (NYSE:JPM). Martin Currie Limited owns 182,158 shs. The disclosure for this sale can be found here. On Saturday, January 13 17,729 shs were sold by Friedman Stacey, worth $1.99M. 55 investors sold all, 802 reduced holdings as JPMorgan Chase & Co. ratio turned negative.

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