Sandler O'Neill downgraded JPMorgan Chase & Co. (NYSE:JPM) to Hold in a report released today.
- Updated: October 8, 2016
Sandler O'Neill has downgraded JPMorgan Chase & Co. (NYSE:JPM) to Hold in a report released on 10/6/2016.
Previously on 10/05/2016, Zacks Investment Research reported on JPMorgan Chase & Co. (NYSE:JPM) increased the target price from $0.00 to $75.00. At the time, this indicated a possible upside of 0.10%.
Yesterday JPMorgan Chase & Co. (NYSE:JPM) traded 0.35% higher at $68.02. The company’s 50-day moving average is $66.72 and its 200-day moving average is $63.74. The last closing price is up 6.85% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 18,497,019 shares of the stock traded hands, up from an average trading volume of 13,479,800
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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 PE ratio of 11.54 JPMorgan Chase & Co.’s market capitalization is currently $0.
In addition to Sandler O'Neill reporting its target price, a total of 28 firms have reported on the stock. The consensus target price is $69.96 with 10 firms rating the stock a strong buy, 16 firms rating the stock a buy, 4 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
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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