Morgan Stanley Issues Positive Forecast for JPMorgan Chase & Co. (NYSE:JPM) Stock Price

JPMorgan Chase & Co. (NYSE:JPM) had its price objective lifted by investment analysts at Morgan Stanley from $336.00 to $362.00 in a research note issued on Monday,MarketScreener reports. Morgan Stanley’s price objective points to a potential upside of 9.83% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. Autonomous Res lowered their price objective on JPMorgan Chase & Co. from $360.00 to $324.00 and set a “neutral” rating on the stock in a report on Monday, April 6th. Argus raised their target price on JPMorgan Chase & Co. from $340.00 to $355.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Barclays reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, May 6th. Piper Sandler raised their price objective on JPMorgan Chase & Co. from $325.00 to $345.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. Finally, DZ Bank reaffirmed a “neutral” rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, April 15th. Fourteen equities research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. Based on data from MarketBeat, JPMorgan Chase & Co. presently has a consensus rating of “Hold” and an average target price of $340.88.

JPMorgan Chase & Co. Trading Up 0.2%

NYSE:JPM opened at $329.59 on Monday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market cap of $883.14 billion, a P/E ratio of 15.79, a P/E/G ratio of 1.53 and a beta of 1.00. The firm has a 50-day simple moving average of $311.44 and a 200-day simple moving average of $308.38. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $343.45.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Tuesday, April 14th. The financial services provider reported $5.94 EPS for the quarter, beating analysts’ consensus estimates of $5.50 by $0.44. The firm had revenue of $50.54 billion for the quarter, compared to analyst estimates of $48.30 billion. JPMorgan Chase & Co. had a return on equity of 17.54% and a net margin of 20.66%.During the same quarter in the prior year, the firm earned $5.07 earnings per share. JPMorgan Chase & Co.’s revenue for the quarter was up 10.0% on a year-over-year basis. Equities analysts anticipate that JPMorgan Chase & Co. will post 22.43 EPS for the current fiscal year.

Insider Activity

In other news, CFO Jeremy Barnum sold 5,611 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $306.55, for a total value of $1,720,052.05. Following the completion of the sale, the chief financial officer directly owned 35,460 shares of the company’s stock, valued at $10,870,263. This trade represents a 13.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jennifer Piepszak sold 9,136 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $306.56, for a total value of $2,800,732.16. Following the completion of the sale, the chief operating officer owned 90,001 shares in the company, valued at approximately $27,590,706.56. This trade represents a 9.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 33,623 shares of company stock worth $10,427,835. 0.41% of the stock is currently owned by insiders.

Hedge Funds Weigh In On JPMorgan Chase & Co.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Roxbury Financial LLC grew its position in JPMorgan Chase & Co. by 0.4% during the fourth quarter. Roxbury Financial LLC now owns 8,011 shares of the financial services provider’s stock worth $2,581,000 after buying an additional 31 shares during the period. Collective Family Office LLC raised its holdings in JPMorgan Chase & Co. by 1.0% during the fourth quarter. Collective Family Office LLC now owns 3,339 shares of the financial services provider’s stock worth $1,076,000 after purchasing an additional 32 shares during the last quarter. Essential Planning LLC. grew its holdings in JPMorgan Chase & Co. by 2.4% during the 4th quarter. Essential Planning LLC. now owns 1,399 shares of the financial services provider’s stock valued at $451,000 after buying an additional 33 shares during the last quarter. Sterling Group Wealth Management LLC raised its position in shares of JPMorgan Chase & Co. by 0.8% in the 1st quarter. Sterling Group Wealth Management LLC now owns 4,020 shares of the financial services provider’s stock worth $1,183,000 after buying an additional 33 shares during the period. Finally, Tevis Investment Management lifted its stake in shares of JPMorgan Chase & Co. by 0.8% in the 3rd quarter. Tevis Investment Management now owns 4,238 shares of the financial services provider’s stock valued at $1,337,000 after purchasing an additional 34 shares in the last quarter. 71.55% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting JPMorgan Chase & Co.

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: JPMorgan officially named Doug Petno and Troy Rohrbaugh as co-presidents, reinforcing the bank’s leadership bench and supporting confidence in Jamie Dimon’s succession planning. JPMorgan Chase & Co. Names Doug Petno and Troy Rohrbaugh as Co-Presidents
• Positive Sentiment: Reuters reported that JPMorgan’s succession process is now seen as “real,” suggesting a more orderly transition at the world’s biggest bank and reducing uncertainty around the post-Dimon era. Focus: As JPMorgan succession takes shape, insiders say this time it is for real
• Positive Sentiment: JPMorgan’s analysts remain active and constructive on parts of the market, including pushing back on Broadcom delay fears and calling the TPU v9 program on schedule, highlighting the firm’s strong market-research positioning. JPMorgan Pushes Back on Broadcom (AVGO) Delay Fears and Says the TPU v9 Program Is Firmly on Schedule
• Neutral Sentiment: Several articles focused on JPMorgan’s equity research calls, including bullish views on Aura Minerals, INNIO, European stocks, and consumer cyclicals. These reflect JPMorgan’s ongoing influence in markets but do not directly change JPM’s fundamentals. JPMorgan Maintains Overweight Rating on Aura Minerals (AUGO)
• Neutral Sentiment: Media coverage also noted JPMorgan pushing layoffs in its fraud division despite rising revenues, which signals cost discipline but is not a material surprise for a large bank focused on efficiency. JPMorgan Chase pushes fraud division layoffs, despite rising revenues

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.