Credit Suisse Maintains Their Buy Rating on JPMorgan Chase & Co. (JPM)


In a report released today, Susan Roth Katzke from Credit Suisse maintained a Buy rating on JPMorgan Chase & Co. (JPM), with a price target of $135.00. The company’s shares closed last Monday at $116.14, close to its 52-week high of $120.40.

According to TipRanks.com, Katzke is a 5-star analyst with an average return of 16.0% and a 73.8% success rate. Katzke covers the Financial sector, focusing on stocks such as First Republic Bank, State Street Corp, and US Bancorp.

Currently, the analyst consensus on JPMorgan Chase & Co. is a Moderate Buy with an average price target of $122.10, implying a 5.2% upside from current levels. In a report issued on October 7, RBC Capital also maintained a Buy rating on the stock with a $120.00 price target.

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The company has a one-year high of $120.40 and a one-year low of $91.11. Currently, JPMorgan Chase & Co. has an average volume of 11.45M.

Based on the recent corporate insider activity of 93 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of JPM in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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