In a report issued on October 14, Susan Roth Katzke from Credit Suisse maintained a Buy rating on JPMorgan Chase & Co. (JPM – Research Report), with a price target of $177.00. The company’s shares closed last Wednesday at $170.84, close to its 52-week high of $171.51.
According to TipRanks.com, Katzke is a 5-star analyst with an average return of 23.2% and a 75.3% success rate. Katzke covers the Financial sector, focusing on stocks such as Goldman Sachs Group, Truist Financial, and Morgan Stanley.
JPMorgan Chase & Co. has an analyst consensus of Moderate Buy, with a price target consensus of $171.33, implying a 1.8% upside from current levels. In a report issued on October 4, Wells Fargo also maintained a Buy rating on the stock with a $200.00 price target.
JPMorgan Chase & Co.’s market cap is currently $504.9B and has a P/E ratio of 10.70. The company has a Price to Book ratio of 2.51.
Based on the recent corporate insider activity of 266 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JPM in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
JPMorgan Chase & Co. provides financial and investment banking services. It operates through the major segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset & Wealth Management. The company was founded in 1968 and is headquartered in New York, NY.
Read More on JPM: