JP Morgan Chase Gets a Buy Rating from KBW


KBW analyst Brian Kleinhanzl reiterated a Buy rating on JP Morgan Chase (NYSE: JPM) on July 15 and set a price target of $124. The company’s shares opened today at $111.53.

According to TipRanks.com, Kleinhanzl is a 3-star analyst with an average return of 5.1% and a 51.9% success rate. Kleinhanzl covers the Financial sector, focusing on stocks such as Goldman Sachs Group Inc, State Street Corp, and Wells Fargo.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for JP Morgan Chase with a $123.86 average price target, representing an 11.1% upside. In a report issued on July 13, Vining Sparks also maintained a Buy rating on the stock with a $125 price target.

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The company has a one-year high of $119.33 and a one-year low of $88.08. Currently, JP Morgan Chase has an average volume of 13.7M.

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