JPMorgan Chase & Co. (NYSE:JPM)‘s stock had its “buy” rating reaffirmed by Credit Agricole SA in a research report issued on Tuesday. They currently have a $79.00 price target on the financial services provider’s stock. Credit Agricole SA’s price objective points to a potential upside of 17.61% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Sandler O’Neill downgraded shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating and set a $72.00 price objective for the company. in a research note on Thursday, October 6th. Vetr raised shares of JPMorgan Chase & Co. from a “sell” rating to a “hold” rating and set a $68.05 price objective for the company in a research note on Tuesday, August 16th. Jefferies Group reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Sunday, July 17th. Oppenheimer Holdings Inc. reaffirmed a “market perform” rating on shares of JPMorgan Chase & Co. in a research note on Tuesday, September 13th. Finally, Macquarie downgraded shares of JPMorgan Chase & Co. from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $72.00 to $70.00 in a research note on Friday, September 9th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-one have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $72.38.

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

Shares of JPMorgan Chase & Co. (NYSE:JPM) traded up 0.70% during trading on Tuesday, reaching $67.64. 7,000,758 shares of the company traded hands. The firm’s 50 day moving average is $67.06 and its 200-day moving average is $64.13. The stock has a market capitalization of $244.28 billion, a P/E ratio of 11.46 and a beta of 1.54. JPMorgan Chase & Co. has a 12-month low of $52.50 and a 12-month high of $69.06.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings results on Friday, October 14th. The financial services provider reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.19. The business earned $25.50 billion during the quarter. JPMorgan Chase & Co. had a net margin of 22.92% and a return on equity of 10.47%. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.54 earnings per share. On average, equities research analysts anticipate that JPMorgan Chase & Co. will post $5.66 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 31st. Investors of record on Thursday, October 6th will be paid a dividend of $0.48 per share. The ex-dividend date is Tuesday, October 4th. This represents a $1.92 annualized dividend and a yield of 2.86%. JPMorgan Chase & Co.’s payout ratio is 33.10%.

Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in JPMorgan Chase & Co. by 2.1% in the second quarter. Vanguard Group Inc. now owns 229,636,598 shares of the financial services provider’s stock valued at $14,269,618,000 after buying an additional 4,692,609 shares during the last quarter. Wellington Management Group LLP boosted its position in JPMorgan Chase & Co. by 4.4% in the first quarter. Wellington Management Group LLP now owns 69,735,097 shares of the financial services provider’s stock valued at $4,129,713,000 after buying an additional 2,936,653 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in JPMorgan Chase & Co. by 2.3% in the second quarter. Massachusetts Financial Services Co. MA now owns 60,516,465 shares of the financial services provider’s stock valued at $3,760,494,000 after buying an additional 1,331,994 shares during the last quarter. Franklin Resources Inc. boosted its position in JPMorgan Chase & Co. by 1.6% in the second quarter. Franklin Resources Inc. now owns 42,729,841 shares of the financial services provider’s stock valued at $2,655,217,000 after buying an additional 668,959 shares during the last quarter. Finally, BlackRock Fund Advisors boosted its position in JPMorgan Chase & Co. by 2.0% in the second quarter. BlackRock Fund Advisors now owns 42,696,451 shares of the financial services provider’s stock valued at $2,653,157,000 after buying an additional 832,523 shares during the last quarter. 73.41% of the stock is owned by institutional investors.

About JPMorgan Chase & Co.

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 serves consumers and businesses through personal service at bank branches and through automatic teller machines, online, mobile and telephone banking.

5 Day Chart for NYSE:JPM

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