The stocks of JPM have had their price target increased from $172 to $187 by analysts working at Barclays in a research report. According to the report, the firm had a rating of overweight on the stock of this financial services provider. The price target set by Barclays on the firm had an annual growth rate of about 22.59% on the current price of the company.
The Stock Commentary Of JPM
There have been quite a few research equities that have commented on the stocks of JPM. Bruyette & Woods has increased the price target of the company from $135 to $150 with a rating of “market perform” in an 18th January research report. Daiwa Capital Markets has a price target of $139 on the stock of the company with a rating of “outperform” in a 6th January research report.
The Royal Bank of Canada also went up with a price target of $130 increased to $150 with a rating of “outperform” in a 19th January research report. Seaport Global Securities has also increased the price target of the company from $140 to $157 in a 19th January research report. In the end, Wells Fargo & Company has also increased the price target of the company from $170 to $185 with a rating of overweight in a 22nd March research report.
Two of the investment analysts have already put up a rating of sell on the stocks of the company, while six others have put up a rating of hold. Close to seventeen others have given the company a rating of buy. Currently, JPM has a rating of buy with a target price set at $138.89.
The stocks of JPM traded on Wednesday at $152.54. The year low of the company is $82.40, while the year high of the company has been set at $161.69. The debt-to-equity ratio of the company is 1.16, with a 0.88 quick ratio.
