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JPMorgan Chase & Co. Given New $65.00 Price Target at Sterne Agee (JPM)

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JPMorgan Chase & Co. logoJPMorgan Chase & Co. (NYSE: JPM) had its target price lifted by Sterne Agee from $64.00 to $65.00 in a research note released on Monday morning, StockRatingsNetwork reports. They currently have a buy rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at Scotiabank reiterated a sector outperform rating on shares of JPMorgan Chase & Co. in a research note to investors on Monday. They now have a $67.00 price target on the stock, up previously from $62.00. Separately, analysts at Raymond James raised their price target on shares of JPMorgan Chase & Co. from $64.00 to $65.00 in a research note to investors on Monday. They now have a strong-buy rating on the stock. Finally, analysts at Morgan Stanley raised their price target on shares of JPMorgan Chase & Co. from $60.00 to $63.00 in a research note to investors on Monday. They now have a buy rating on the stock.

One research analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-six have assigned a buy rating and one has given a strong buy rating to the stock. JPMorgan Chase & Co. currently has an average rating of Buy and an average target price of $58.22.

Shares of JPMorgan Chase & Co. (NYSE: JPM) traded up 0.56% during mid-day trading on Monday, hitting $55.32. JPMorgan Chase & Co. has a 52 week low of $33.10 and a 52 week high of $55.90. The stock’s 50-day moving average is currently $53.74. The company has a market cap of $209.2 billion and a P/E ratio of 9.20.

JPMorgan Chase & Co (NYSE: JPM) is a financial holding company.


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