JPMorgan Chase (NYSE: JPM) had its price target raised by FBR Capital from $43.00 to $46.00 in a research report sent to investors on Thursday morning. The firm currently has a market perform rating on the stock.
Shares of JPMorgan Chase traded down 0.47% during mid-day trading on Thursday, hitting $48.68. JPMorgan Chase has a 52 week low of $30.83 and a 52 week high of $49.68. The stock’s 50-day moving average is currently $47.77. The company has a market cap of $185.3 billion and a P/E ratio of 9.41.
A number of other analysts have also recently weighed in on JPM. Analysts at Sanford C. Bernstein raised their price target on shares of JPMorgan Chase from $52.00 to $54.00 in a research note to investors on Wednesday, February 27th. Separately, analysts at Morgan Stanley reiterated an overweight rating on shares of JPMorgan Chase in a research note to investors on Wednesday, February 27th. They now have a $58.00 price target on the stock, up previously from $56.00. Finally, analysts at Barclays Capital raised their price target on shares of JPMorgan Chase from $52.00 to $56.00 in a research note to investors on Wednesday, February 27th. They now have an overweight rating on the stock.
Twenty-two equities research analysts have rated the stock with a buy rating, six have issued an overweight rating, six have given a hold rating, and one has given an underweight rating to the stock. The stock presently has an average rating of overweight and a consensus price target of $54.01.
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