Zacks Rating on J P Morgan Chase & Co (JPM)

J P Morgan Chase & Co (JPM) : Zacks Investment Research ranks J P Morgan Chase & Co (JPM) as 3, which is a Hold recommendation. 12 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 20 research analysts is 1.95, which indicates as a Buy.

J P Morgan Chase & Co (JPM) : 16 Wall Street analysts covering J P Morgan Chase & Co (JPM) believe that the average level the stock could reach for the short term is $68.13. The maximum price target given is $79 and the minimum target for short term is around $50, hence the standard deviation is calculated at $7.9.


Shares of JPMorgan Chase & Co. rose by 0.09% in the last five trading days and 2.97% for the last 4 weeks. JPMorgan Chase & Co. is up 2.7% in the last 3-month period. Year-to-Date the stock performance stands at 1.8%. J P Morgan Chase & Co (NYSE:JPM): On Tuesdays trading session , Opening price of the stock was $66.07 with an intraday high of $66.34. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $65.76. However, the stock managed to close at $65.77, a loss of 0.05% for the day. On the previous day, the stock had closed at $65.8. The total traded volume of the day was 8,949,577 shares.

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.

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