JPM Has Been Upgraded To A Rating Of Strong-Buy

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JPM
JPM

The stocks of JPM have been upgraded by several analysts working at Zacks Investment Research from a rating of hold to a rating of strong-buy in a Monday research report. Currently, the price target set on the company is $177 which is indicative of an annual increase of about 15.72% from the previous close of the company. 

The Stock commentary Of JPM

There have been quite a few research equities that have commented on the stocks of JPM. Wells Fargo & Company has increased the price target of the company from $185 to $190 with a rating of overweight in a 14th April research note. Credit Suisse Group has increased the price target of the company from $150 to $165 with a rating of “outperform” in a 29th March research report. Daiwa Capital Markets has put up a target price of $139 with a rating of “outperform” in a 6th January research report. The Bank of America also has a rating of buy in a 13th January research report. 

Two of the investment analysts have already provided the stocks of JPM with a rating of sell, while five others have given the company a rating of hold. Sixteen others have issued the company a rating of buy. Currently, the company has a buy rating with a $145.23 price target. 

The stocks of JPM traded on Monday at $152.96. The market cap of the firm is $463.79 billion, with a 19.99 PE ratio, along with a 2.87 PEG ratio. The moving average price of the company over 50 days is $153.21 with the moving average price of the company over 200 days is $129.10. The year low of the company is $82.40 with the year high set at $161.69. The debt-to-equity ratio is 1.16, with a 0.88 quick ratio, with a 0.88 current ratio.