J P Morgan Chase & Co (JPM) : 12 brokerage houses believe that J P Morgan Chase & Co (JPM) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on J P Morgan Chase & Co (JPM). Zacks Investment Research suggests a Hold with a rank of 3. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 20 Wall Street Analysts endorse the stock as a Buy with a rating of 1.95.
J P Morgan Chase & Co (JPM) : The most positive equity analysts on J P Morgan Chase & Co (JPM) expects the shares to touch $79, whereas, the least positive believes that the stock will trade at $50 in the short term. The company is covered by 16 Wall Street Brokerage Firms. The average price target for shares are $68.13 with an expected fluctuation of $7.9 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Bernstein downgrades its ratings on J P Morgan Chase & Co (NYSE:JPM). According to the latest information available, the shares are now rated Market Perform by the analysts at the agency. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on August 16, 2016.
J P Morgan Chase & Co (NYSE:JPM): stock was range-bound between the intraday low of $66.96 and the intraday high of $67.5901 after having opened at $67.16 on Wednesdays session. The stock finally closed in the red at $67.16, a loss of -0.42%. The stock remained in the red for the whole trading day. The total traded volume was 10,070,407 shares. The stock failed to cross $67.5901 in Wednesdays trading. The stocks closing price on Thursday was $67.44.
JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. JPMorgan Chases activities are organized into four business segments. The Companys Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through ATMs, online, mobile and telephone banking. The Corporate & Investment Bank, comprising Banking and Markets & Investor Services, offers investment banking, market-making, prime brokerage, and treasury and securities products and services. The Commercial Banking (CB) segment delivers industry knowledge, local expertise and service to the United States and the United States multinational clients. The Asset Management segment comprises investment and wealth management. The Company also operates a Corporate segment.