Several other analysts have also recently commented on the stock. Analysts at Credit Agricole reiterated an “underperform” rating on shares of JPMorgan Chase in a research note to investors on Friday. They now have a $46.00 price target on the stock. Separately, analysts at Bank of America initiated coverage on shares of JPMorgan Chase in a research note to investors on Wednesday, October 10th. They set a “buy” rating on the stock. Finally, analysts at Citigroup raised their price target on shares of JPMorgan Chase from $43.00 to $48.00 in a research note to investors on Monday, September 17th. They now have a “buy” rating on the stock.
JPMorgan Chase traded up 0.53% on Monday, hitting $41.84. JPMorgan Chase has a 52-week low of $28.28 and a 52-week high of $46.49. The company has a market cap of $169.4 billion and a price-to-earnings ratio of 8.80.
JPMorgan Chase last posted its quarterly earnings results on Friday, October 12th. The company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.23. The company had revenue of $25.90 billion for the quarter, compared to the consensus estimate of $24.07 billion. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. Analysts expect that JPMorgan Chase will post $4.78 EPS for the current fiscal year.
JPMorgan Chase & Co (JPMorgan Chase) is a financial holding company. The Company is a global financial services firm and a banking institution in the United States, with global operations.
For the latest updates on the stock market, PRESS CTR + D or visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
No comments:
Post a Comment