JPMorgan Chase (NYSE: JPM)‘s stock had its “outperform” rating reiterated by equities research analysts at Robert W. Baird in a research note issued to investors on Wednesday. They currently have a $57.00 price target on the stock.
A number of other firms have also recently commented on JPM. Analysts at Citigroup reiterated a “buy” rating on shares of JPMorgan Chase in a research note to investors on Wednesday. They now have a $53.00 price target on the stock. Separately, analysts at ISI Group reiterated a “buy” rating on shares of JPMorgan Chase in a research note to investors on Monday. They now have a $55.00 price target on the stock, up previously from $54.00. Finally, analysts at S&P Equity Research raised their price target on shares of JPMorgan Chase from $50.00 to $53.00 in a research note to investors on Thursday, February 14th. They now have a “buy” rating on the stock.
Twenty-two investment analysts have rated the stock with a buy rating, six have issued an overweight rating, six have assigned a hold rating, and one has issued an underweight rating to the company. JPMorgan Chase presently has a consensus rating of “overweight” and a consensus target price of $53.22.
Shares of JPMorgan Chase opened at 47.60 on Wednesday. JPMorgan Chase has a 52 week low of $30.83 and a 52 week high of $49.68. The stock’s 50-day moving average is currently $47.48. The company has a market cap of $181.2 billion and a P/E ratio of 9.15.
JPMorgan Chase last issued its quarterly earnings data on Wednesday, January 16th. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.23. The company had revenue of $24.40 billion for the quarter, compared to the consensus estimate of $24.56 billion. During the same quarter in the previous year, the company posted $1.27 earnings per share. The company’s revenue for the quarter was up 10.2% on a year-over-year basis. On average, analysts predict that JPMorgan Chase will post $5.43 earnings per share for the current fiscal year.
JPMorgan Chase & Co (JPMorgan Chase) is a financial holding company. The Company is a global financial services firm and a banking institution in the United States, with global operations.
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