JP Morgan Stock Given Moderate Buy Rating by Analysts
JPMorgan Chase & Co's stock has been assigned an average rating of 'Moderate Buy' by twenty-eight analysts covering the company. Twelve have issued a hold recommendation and sixteen a buy recommendation.
The average 1-year target price among brokers is $363.29, according to MarketBeat reports. This comes after several brokerages recently issued updates on JPMorgan Chase & Co's stock, including Truist Financial boosting its target price from $344.00 to $352.00 and Robert W. Baird increasing its price target from $295.00 to $305.00.
JPMorgan Chase & Co has a market capitalization of $885.42 billion and a price-to-earnings ratio of 14.27. The company reported $6.14 EPS for the quarter, beating analysts' estimates by $0.55. Revenue was up 27.7% year-over-year at $58.02 billion.