JPMorgan Chase & Co. (NYSE:JPM) registered a 0.47% increase, still its new closing price is 64.41% up from the company’s 1 year high of 88.17.It posted -2.88% losses in previous 5 sessions and is now the subject of 14 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 2 sells versus 10 buy or better ratings. The 33 stock analysts following this company have an average price target at $88.93, with individual PT in the $50.00-$108.00 range. The shares moved at $83.94, implying that brokerage firms see shares gaining about 51.40% in twelve months time.
JPMorgan Chase & Co. (JPM) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -2.19% fall year to date. A COO at JPMorgan Chase & Co. (JPM) offloaded shares in a transaction closed on Tuesday January 17, 2017. Zames Matthew E sold 42,083 shares in the company at $84.16 each and collected $3,541,001 in proceeds. Zames Matthew E now owns 324,372 shares in the company after this transaction. A Chief Risk Officer in the company, BACON ASHLEY, disclosed a transaction on Tuesday January 17, 2017 that ended up generating $1,092,001 from the sale of 12,986 shares at $84.15 per share.
JPMorgan Chase & Co. (NYSE:JPM) Upcoming Results on Tap
JPMorgan Chase & Co. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $1.55 in that period. Sales during the quarter are predicted to arrive at $25.23 billion.
Earnings surprise history: Last quarter, the company posted approximately $24.33 billion in revenue and EPS of $1.58. The mean forecast was for $23.95 billion and $1.44 a share, respectively. One quarter earlier, revenue for the stock was at $25.51 billion, with earnings at $1.58/share.
JPMorgan Chase & Co. (JPM) Brokerage Update
JPMorgan Chase & Co. (JPM) is in Keefe Bruyette’s research list so their analyst rating change is noteworthy. These shares were downgraded to Mkt Perform from Outperform by Keefe Bruyette, according to news reported on Tuesday January 17, 2017.Another important research note was issued by Robert W. Baird on Wednesday November 09, 2016.The firm downgraded JPM to Neutral from Outperform. Over the last six months and over the last three months, the shares of JPMorgan Chase & Co. (JPM), have changed 33.13% and 25.66%, respectively.