JPMorgan Chase & Co. Earns Moderate Buy Rating Amid Bullish Analyst Predictions
JPMorgan Chase & Co. (NYSE:JPM) has been assigned an average rating of "Moderate Buy" by 28 research firms, according to MarketBeat.com.
This assessment is based on ratings from analysts who have recently commented on JPM shares. For example, Wells Fargo & Company upped its price target on JPMorgan Chase & Co. from $360.00 to $375.00 and gave the stock an "overweight" rating in a research note on July 15th.
The average 12-month target price among brokers that have issued a report on the stock is $359.33, while insiders have sold a total of 13,435 shares of company stock worth $4,353,502 in the last ninety days.