JP Morgan Chase & Co (NYSE:JPM) Reviewed By Analysts
17 February, 2017, 01:05
The High Revenue estimate is predicted as 26.16 Billion, while the Low Revenue Estimate prediction stands at 24.16 Billion.
01/17/2017 - J P Morgan Chase & Co had its " rating reiterated by analysts at FBR Capital Markets. Oppenheimer Holdings, Inc. reissued a "hold" rating on shares of J P Morgan Chase & Co in a research note on Wednesday, January 11th.
01/17/2017 - J P Morgan Chase & Co was downgraded to " by analysts at Keefe, Bruyette & Woods. It has been assigned a low target price of $50 and a high target price of $108. J P Morgan Chase & Co has a 1-year low of $52.50 and a 1-year high of $87.76. Current price places the company's stock 10.85% away from its 200-day simple moving average, 22.04%, away from the 50-day average and also 24.25% away from 20-day average. The Market Cap of the company stands at 7.37 Billion.
While looking at the Stock's Performance, JPMorgan Chase & Co. now shows a Weekly Performance of 3.27%, where Monthly Performance is 3.3%, Quarterly performance is 17.43%, 6 Months performance is 38.03% and yearly performance percentage is 57.83%. The company beat the analyst EPS Estimate with the difference of $0.14.
While trading at volume above than average, JPMorgan Chase & Co. The company had Year Ago Sales of $601.35 Million. During the same quarter in the previous year, the business posted $1.68 earnings per share.
Sell-side analyst recommendations point to a short term price target of $89.96 on the shares of JPMorgan Chase & Co.
The company also recently announced a quarterly dividend, which was paid on Tuesday, January 31st.
Shares of J P Morgan Chase & Co (NYSE:JPM) opened at 90.59 on Thursday. The ex-dividend date of this dividend is Wednesday, January 4th.
This article was reported by BBNS and is the sole property of of BBNS. If you are accessing this story on another website, it was illegally stolen and reposted in violation of United States & worldwide trademark & copyright laws. (NYSE:JPM) ended its day at $89.56 with the rising stream of 1.60% and its total traded volume was 17.93 million shares more than the average volume. The company's shares were closed at 64.53.
In related news, CEO Mary E. Erdoes sold 25,542 shares of the company's stock in a transaction dated Monday, October 17th. 12,893,298 shares of the company's stock were exchanged. The disclosure for this sale can be found here. Woodstock Corp now owns 48,372 shares of the financial services provider's stock valued at $3,221,000 after buying an additional 565 shares in the last quarter. Sit Investment Associates Inc. boosted its stake in shares of J P Morgan Chase & Co by 10.0% in the third quarter. Northwest Quadrant Wealth Management LLC bought a new stake in J P Morgan Chase & Co during the fourth quarter valued at $125,000. Lourd Capital LLC boosted its stake in shares of J P Morgan Chase & Co by 15.0% in the second quarter. Finally, Markston International LLC boosted its position in J P Morgan Chase & Co by 1.3% in the third quarter. Sales growth past 5 years was measured at -1.80%. The Corporate & Investment Bank segment, comprising Banking and Markets & Investor Services, offers investment banking, market-making, prime brokerage, and treasury and securities products and services to corporations, investors, financial institutions, and government and municipal entities.
JPMorgan Chase & Co is a financial holding company. Buying private equity and alternative investment heavyweight Fortress could help SoftBank move to financing investments with private equity cash instead of debt, said Gerhard Fasol of Eurotechnology Japan, a consultancy. It operates in four segments, as well as a Corporate segment. It had $70 billion in investments under management at the end of September 2016, and is one of few global foreign investors with funds that are targeted at Japanese assets. The Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through automatic teller machines, online, mobile and telephone banking.