Deutsche Bank set a $96.00 target price on JPMorgan Chase & Co. (NYSE:JPM) in a research note issued to investors on Tuesday. The firm currently has a neutral rating on the financial services provider’s stock.

Several other research analysts have also recently commented on JPM. Vetr cut shares of JPMorgan Chase & Co. from a sell rating to a strong sell rating and set a $93.51 target price for the company. in a research report on Wednesday, January 10th. Nomura set a $115.00 target price on shares of JPMorgan Chase & Co. and gave the stock a neutral rating in a research report on Friday, January 12th. Vining Sparks restated a buy rating and issued a $120.00 target price on shares of JPMorgan Chase & Co. in a research report on Friday, January 12th. Argus upped their target price on shares of JPMorgan Chase & Co. from $109.00 to $125.00 and gave the stock a buy rating in a research report on Friday, January 12th. Finally, Citigroup upped their target price on shares of JPMorgan Chase & Co. from $90.00 to $96.00 and gave the stock a neutral rating in a research report on Friday, October 6th. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and fifteen have issued a buy rating to the company. JPMorgan Chase & Co. currently has a consensus rating of Hold and an average price target of $104.85.

JPMorgan Chase & Co. (JPM) traded up $0.72 during midday trading on Tuesday, reaching $112.99. 14,937,063 shares of the company’s stock traded hands, compared to its average volume of 14,944,510. JPMorgan Chase & Co. has a 1 year low of $81.64 and a 1 year high of $113.43. The company has a current ratio of 1.01, a quick ratio of 1.03 and a debt-to-equity ratio of 1.24. The company has a market cap of $392,040.00, a PE ratio of 17.71, a price-to-earnings-growth ratio of 2.01 and a beta of 1.22.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Friday, January 12th. The financial services provider reported $1.76 EPS for the quarter, topping the consensus estimate of $1.69 by $0.07. JPMorgan Chase & Co. had a net margin of 21.46% and a return on equity of 11.63%. The firm had revenue of $24.15 billion during the quarter, compared to analysts’ expectations of $24.87 billion. During the same quarter in the prior year, the firm earned $1.71 EPS. JPMorgan Chase & Co.’s quarterly revenue was up 3.3% on a year-over-year basis. equities research analysts anticipate that JPMorgan Chase & Co. will post 8.41 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, January 5th will be paid a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 1.98%. The ex-dividend date is Thursday, January 4th. JPMorgan Chase & Co.’s dividend payout ratio is presently 35.11%.

In related news, General Counsel Stacey Friedman sold 2,099 shares of the stock in a transaction that occurred on Thursday, October 26th. The shares were sold at an average price of $101.96, for a total transaction of $214,014.04. Following the completion of the sale, the general counsel now directly owns 15,279 shares of the company’s stock, valued at $1,557,846.84. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.88% of the stock is owned by corporate insiders.

Large investors have recently modified their holdings of the stock. Private Vista LLC purchased a new stake in shares of JPMorgan Chase & Co. in the 2nd quarter valued at approximately $102,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of JPMorgan Chase & Co. in the 3rd quarter valued at approximately $102,000. Welch Investments LLC purchased a new stake in shares of JPMorgan Chase & Co. in the 3rd quarter valued at approximately $103,000. Legacy Advisors LLC purchased a new stake in shares of JPMorgan Chase & Co. in the 3rd quarter valued at approximately $106,000. Finally, Atlantic Trust LLC purchased a new stake in shares of JPMorgan Chase & Co. in the 2nd quarter valued at approximately $136,000. Institutional investors and hedge funds own 73.78% of the company’s stock.

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JPMorgan Chase & Co. Company Profile

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 offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.

Analyst Recommendations for JPMorgan Chase & Co. (NYSE:JPM)

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