J P Morgan Chase & Co (NYSE:JPM) : 15 Wall Street analysts covering J P Morgan Chase & Co (NYSE:JPM) believe that the average level the stock could reach for the short term is $70.2. The maximum price target given is $79 and the minimum target for short term is around $50, hence the standard deviation is calculated at $7.26.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Keefe Bruyette & Woods maintains the rating on J P Morgan Chase & Co (NYSE:JPM). The brokerage firm has issued a Outperform rating on the shares. The Analysts at the ratings agency raises the price target from $72 per share to $73 per share. The rating by the firm was issued on May 16, 2016.
J P Morgan Chase & Co (NYSE:JPM): stock turned positive on Thursday. Though the stock opened at $63.7, the bulls momentum made the stock top out at $64.15 level for the day. The stock recorded a low of $63.53 and closed the trading day at $64.05, in the green by 2.14%. The total traded volume for the day was 16,583,609. The stock had closed at $62.71 in the previous days trading.
The company shares have dropped -8.65% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $70.61 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $63.32 and the 200 Day Moving Average price is recorded at $61.19. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Managing Director) of Jpmorgan Chase & Co, Pinto Daniel E had sold 28,837 shares worth of $1,798,852 in a transaction dated April 14, 2016. In this transaction, 28,837 shares were sold at $62.38 per share.
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 Chases activities are organized into four business segments. The Companys 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.