Analysts Are Bullish on These Financial Stocks: JP Morgan Chase (JPM), Charles Schwab (SCHW)


There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on JP Morgan Chase (JPM) and Charles Schwab (SCHW) with bullish sentiments.

JP Morgan Chase (JPM)

In a report released yesterday, Susan Roth Katzke from Credit Suisse maintained a Buy rating on JP Morgan Chase, with a price target of $128. The company’s shares closed yesterday at $100.94.

According to TipRanks.com, Katzke is a 5-star analyst with an average return of 15.5% and a 67.2% success rate. Katzke covers the Financial sector, focusing on stocks such as Goldman Sachs Group Inc, State Street Corp, and Bank of America.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for JP Morgan Chase with a $121.21 average price target, implying a 20.1% upside from current levels. In a report issued on January 2, Barclays also maintained a Buy rating on the stock with a $140 price target.

See today’s analyst top recommended stocks >>

Charles Schwab (SCHW)

Credit Suisse analyst Craig Siegenthaler upgraded Charles Schwab to Buy yesterday and set a price target of $50. The company’s shares closed yesterday at $43.80.

According to TipRanks.com, Siegenthaler is a 4-star analyst with an average return of 3.8% and a 56.5% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Janus Henderson Group plc, Raymond James Financial, and WisdomTree Investments.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Charles Schwab with a $51.14 average price target, representing a 16.8% upside. In a report issued on January 4, Morgan Stanley also maintained a Buy rating on the stock with a $55 price target.

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