The stock’s market capitalization is 239.44B, it has a 52-week low of 50.07 and a 52-week high of 69.03. Baldwin Investment Management scooped up 175 additional shares in JPMorgan Chase & Co. during the most recent quarter end, the firm said in a disclosure report filed with the SEC on Aug 2, 2016. During the same quarter in the previous year, the company posted $1.54 EPS. Penobscot Investment Management Company Inc. now owns 49,501 shares of the financial services provider’s stock valued at $3,268,000 after buying an additional 1,931 shares in the last quarter. The company had revenue of $24400.00 million for the quarter, compared to analysts expectations of $23843.59 million.
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A number of Wall Street analysts stated their opinion on the stock.
The analysts offering 12 month price targets for Morgan Stanley have a median target of $32, with a high estimate of $46 and a low estimate of $22.5. Sales growth past 5 years was measured at -4.40%.
02/22/2016 – J P Morgan Chase & Co was downgraded to “underperform” by analysts at Portales Partners.
During the last trading session, the stock’s price changed +8.00% above its 200 day moving average of $62.10 and moving +0.72% upbeat it’s SMA 50 of $66.59. (NYSE:JPM)’s values for SMA20, SMA50 and SMA200 are 3.30%, 4.89% and 7.57%, respectively. Strong Sell. Investors might also notice that two months ago the Buy recommendations (1) outnumbered Sell recommendations (0). Wedbush Securities Inc. raised its stake in JPMorgan Chase & Co.by 14.9% in the fourth quarter. Sandy Spring Bank raised its stake in JPMorgan Chase & Co.by 8.7% in the fourth quarter.
Without ever trading a single share of stock, without buying an option and Without ever touching a mutual friend.
Recently analysts working for numerous investment brokerages have updated their research report ratings and price targets on shares of J P Morgan Chase & Co (NYSE:JPM). Now the stock has been rated as “Buy” from 20 Analysts. Finally, Telos Capital Management Inc. raised its stake in JPMorgan Chase & Co.by 11.2% in the fourth quarter. The stock’s institutional ownership stands at 87.00%. Berenberg Initiated JPMorgan Chase & Co. on Jul 13, 2016 to “Sell”, Price Target of the shares are set at $52. “In this environment, you want to rent not buy the banks”, Horowitz wrote in a note to clients.
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Banks have been suffering the most hits for the last one year. The Q4 2016 consensus earnings estimates for the company have stabilized at US$0.58 per share. Citigroup believes the market is bullish on JPMorgan, which is quite apparent from analysts’ rating on the stock. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Western Asset Management Co, a California-based fund reported 320,000 shares. The market will enjoy a September rate hike if it does indeed come to pass, but the analyst says it’s going to take more than that. 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.
