Credit Suisse analyst Susan Roth Katzke maintained a Buy rating on JP Morgan Chase (NYSE: JPM) yesterday and set a price target of $130. The company’s shares closed yesterday at $116.72, close to its 52-week high of $119.33.
Katzke has an average return of 24.1% when recommending JP Morgan Chase.
According to TipRanks.com, Katzke is ranked #252 out of 4880 analysts.
Currently, the analyst consensus on JP Morgan Chase is a Moderate Buy with an average price target of $123.15, implying a 5.5% upside from current levels. In a report issued on September 17, Merrill Lynch also reiterated a Buy rating on the stock with a $132 price target.
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JP Morgan Chase’s market cap is currently $396.1B and has a P/E ratio of 15.57. The company has a Price to Book ratio of 1.70.
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