JPMorgan Chase & Co. (NYSE:JPM) target price raised to $75.00, issued a report today by Zacks Investment Research
- Updated: October 5, 2016
Yesterday JPMorgan Chase & Co. (NYSE:JPM) traded 1.64% higher at $68.02. The company’s 50-day moving average is $66.55 and its 200-day moving average is $63.63. The last closing price is up 6.38% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 16,248,220 shares of the stock were exchanged, up from an average trading volume of 13,561,400
JPMorgan Chase & Co. (NYSE:JPM) had its target price raised to $75.00 by Zacks Investment Research in a report released 10/05/2016. The new target price indicates a possible upside of 0.10% based on the company's last closing price.
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JPMorgan Chase & Co. has a 52 week low of $52.50 and a 52 week high of $69.03 with a P/E ratio of 11.47 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 28 brokers have issued a report on the stock. The consensus target price is $69.96 with 10 brokers rating the stock a strong buy, 16 brokers rating the stock a buy, 4 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About JPMorgan Chase & Co. (NYSE:JPM)
JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. 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. 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. The Commercial Banking segment provides financial solutions, including lending, treasury services, investment banking and asset management. The Asset Management segment comprises investment and wealth management.
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