RBC Capital analyst Anke Reingen maintained a Buy rating on JPMorgan Chase & Co. (JPM – Research Report) today and set a price target of $185.00. The company’s shares closed yesterday at $198.30.
Reingen covers the Financial sector, focusing on stocks such as UBS Group AG, Deutsche Bank AG, and JPMorgan Chase & Co.. According to TipRanks, Reingen has an average return of 14.9% and a 65.87% success rate on recommended stocks.
In addition to RBC Capital, JPMorgan Chase & Co. also received a Buy from Goldman Sachs’s Richard Ramsden in a report issued on April 1. However, on March 27, HSBC initiated coverage with a Hold rating on JPMorgan Chase & Co. (NYSE: JPM).
JPM market cap is currently $571.2B and has a P/E ratio of 12.22.
Based on the recent corporate insider activity of 88 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. (JPM) Company Description:
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:
- T. Rowe Price backing Disney CEO Iger in activist battle, FT reports
- Do U.S. Bank Stocks Deserve Their Valuation Premiums vs. UK Bank Stocks?
- JPMorgan price target raised to $205 from $188 at HSBC
- Tesla downgraded, Disney upgraded: Wall Street’s top analyst calls
- JPMorgan initiated with a Buy at Phillip Securities
