Zacks Investment Research downgraded JPMorgan Chase & Co. (NYSE:JPM) to Sell in a report released today.
- Updated: September 20, 2016
Yesterday JPMorgan Chase & Co. (NYSE:JPM) traded 0.66% higher at $66.19. JPMorgan Chase & Co.’s 50-day average is $66.11 and its 200-day moving average is $63.05. The last close is up 5.67% from the two hundred day average, compared with the S&P 500 Index which has fallen -0.01% over the same time period. 8,516,735 shares of the stock were exchanged, down from ann avg. trading volume of 14,636,500.
Zacks Investment Research has downgraded JPMorgan Chase & Co.(NYSE:JPM) to Sell in a statement released Tuesday September 20 2016.
Recent Performance Graphic:
In addition to Zacks Investment Research reporting it’s stock price target, a total of 28 brokerages have released a report on JPMorgan Chase & Co.. The 12-month target is $69.96 with 10 firms rating the stock a strong buy, 16 analysts rating the stock a buy, four analysts rating the stock a hold, two analysts rating the stock to underperform, and lastly 0 brokerages rating the stock as sell.
JPMorgan Chase & Co. has a 52 week low of $52.50 and a one-year high of $69.03 with a P/E ratio of 11 and has a market cap of $0.0.
Brief Synopsis On 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, and investment banking and asset management. The Asset Management segment comprises investment and wealth management.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.