Vetr Inc. covered JPMorgan Chase & Co. (NYSE:JPM), stepping up its target to $70.76 earlier today
- Updated: October 17, 2016
Stating a potential upside of 0.05%, Vetr Inc. upped the price target of JPMorgan Chase & Co. (NYSE:JPM) to $70.76
Having a price of $67.52, JPMorgan Chase & Co. (NYSE:JPM) traded 0.19% higher on the day. The last stock close price is up 5.69% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $67.03 and a 200-day moving average of $64.01. 3,470,478 shares of the stock were exchanged, down from an average trading volume of 13,300,900
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JPMorgan Chase & Co. has a 52 week low of $52.50 and a 52 week high of $69.06 with a P/E ratio of 11.46 The company’s market cap is currently $0.
In addition to Vetr Inc. 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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