RBC Capital Maintains a Buy Rating on JPMorgan Chase & Co. (JPM)

In a report released yesterday, Anke Reingen from RBC Capital maintained a Buy rating on JPMorgan Chase & Co. (JPMResearch Report), with a price target of $175.00. The company’s shares closed last Monday at $134.91.

Reingen has an average return of 32.9% when recommending JPMorgan Chase & Co..

According to TipRanks.com, Reingen is ranked #1103 out of 7939 analysts.

Currently, the analyst consensus on JPMorgan Chase & Co. is a Moderate Buy with an average price target of $172.06, representing a 29.3% upside. In a report released today, Piper Sandler also maintained a Buy rating on the stock with a $165.00 price target.

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JPMorgan Chase & Co.’s market cap is currently $401.3B and has a P/E ratio of 8.86.

Based on the recent corporate insider activity of 221 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.

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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.

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