BMO Capital Maintains JPMorgan Chase & Co. to Outperform with Price Target $77.00

Brokerage firm BMO Capital Maintains its rating on JPMorgan Chase & Co.(NYSE:JPM). In a research note issued to the investors, the brokerage major Raises the price-target to $77.00 per share. The shares have been rated Outperform. The rating by BMO Capital was issued on Apr 14, 2016.

In a different note, On Feb 24, 2016, Nomura said it Maintains its rating on JPMorgan Chase & Co.. In the research note, the firm Lowers the price-target to $71.00 per share. The shares have been rated ‘Neutral’ by the firm. On Feb 24, 2016, Jefferies said it Maintains its rating on JPMorgan Chase & Co.. In the research note, the firm Lowers the price-target to $71.00 per share. The shares have been rated ‘Buy’ by the firm. On Feb 24, 2016, Keefe Bruyette & Woods said it Maintains its rating on JPMorgan Chase & Co.. In the research note, the firm Lowers the price-target to $74.00 per share. The shares have been rated ‘Outperform’ by the firm. On Feb 24, 2016, Buckingham Research said it Maintains its rating on JPMorgan Chase & Co.. In the research note, the firm Lowers the price-target to $79.00 per share. The shares have been rated ‘Buy’ by the firm. On Feb 22, 2016, Portales said it Downgrades its rating on JPMorgan Chase & Co.. The shares have been rated ‘Underperform’ by the firm. On Feb 5, 2016, UBS said it Upgrades its rating on JPMorgan Chase & Co.. The shares have been rated ‘Buy’ by the firm.

JPMorgan Chase & Co. (JPM) made into the market gainers list on Mondays trading session with the shares advancing 0.65% or 0.4 points. Due to strong positive momentum, the stock ended at $62.27, which is also near the day’s high of $62.58. The stock began the session at $61.64 and the volume stood at 1,38,13,072 shares. The 52-week high of the shares is $70.61 and the 52 week low is $50.07. The company has a current market capitalization of $228,547 M and it has 3,67,02,64,900 shares in outstanding.

JPMorgan Chase & Co.(JPM) last announced its earnings results on Jan 14, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $23.75B. Analysts had an estimated revenue of $22.89B. Earnings per share were $1.32. Analysts had estimated an EPS of $1.25.

Several Insider Transactions has been reported to the SEC. On Feb 4, 2016, James S Crown (director) purchased 81 shares at $57.88 per share price.Also, On Jan 29, 2016, Douglas B Petno (Managing Director) sold 10,566 shares at $59.00 per share price.On Jan 21, 2016, Mary E. Erdoes (Managing Director) sold 49,349 shares at $55.27 per share price, according to the Form-4 filing with the securities and exchange commission.

JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking financial services for consumers and small businesses commercial banking financial transaction processing and asset management. JPMorgan Chase’s activities are organized into four business segments. The Company’s Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through ATMs online mobile and telephone banking. The Corporate & Investment Bank comprising Banking and Markets & Investor Services offers investment banking market-making prime brokerage and treasury and securities products and services. The Commercial Banking (CB) segment delivers industry knowledge local expertise and service to the United States and the United States multinational clients. The Asset Management segment comprises investment and wealth management. The Company also operates a Corporate segment.

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