KBW analyst Brian Klock reiterated a Buy rating on JP Morgan Chase (NYSE: JPM) on July 13 and set a price target of $127. The company’s shares opened today at $111.53.
According to TipRanks.com, Klock is a 4-star analyst with an average return of 13.6% and a 67.0% success rate. Klock covers the Financial sector, focusing on stocks such as Huntington Bancshares Inc, Fifth Third Bancorp, and Citizens Financial.
Currently, the analyst consensus on JP Morgan Chase is a Moderate Buy with an average price target of $123.86, which is an 11.1% upside from current levels. 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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JP Morgan Chase’s market cap is currently $371.4B and has a P/E ratio of 14.88. The company has a Price to Book ratio of 1.62.
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