JPMorgan Chase & Co. (NYSE:JPM) registered a 0.21% increase, still its new closing price is 70.26% up from the company’s 1 year high of 88.17.It posted 3.90% gains 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 $86.93, implying that brokerage firms see shares gaining about 56.06% 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 1.30% rise year to date. A Executive Vice President at JPMorgan Chase & Co. (JPM) offloaded shares in a transaction closed on Wednesday January 18, 2017. Smith Gordon sold 65,865 shares in the company at $83.67 each and collected $5,510,001 in proceeds. Smith Gordon now owns 294,836 shares in the company after this transaction. A CEO Commercial Banking in the company, Petno Douglas B, disclosed a transaction on Wednesday January 18, 2017 that ended up generating $1,801,001 from the sale of 21,532 shares at $83.67 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 $1.54 in that period. Sales during the quarter are predicted to arrive at $25.25 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 37.36% and 26.44%, respectively.