JPMorgan Chase & Co. (JPM) Getting Somewhat Favorable News Coverage, Analysis Finds

Media headlines about JPMorgan Chase & Co. (NYSE:JPM) have trended somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than 6,000 news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. JPMorgan Chase & Co. earned a news sentiment score of 1.45 on their scale. InfoTrie also gave news headlines about the financial services provider an news buzz score of 9 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock’s share price in the immediate future.

These are some of the media headlines that may have impacted JPMorgan Chase & Co.’s score:

A number of research analysts have commented on the company. Citigroup boosted their price objective on JPMorgan Chase & Co. from $115.00 to $125.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 26th. Zacks Investment Research upgraded JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $121.00 price objective on the stock in a research note on Thursday, November 22nd. BMO Capital Markets boosted their price objective on JPMorgan Chase & Co. to $124.00 and gave the stock a “market perform” rating in a research note on Monday, October 15th. Wolfe Research assumed coverage on JPMorgan Chase & Co. in a research note on Tuesday, September 25th. They set an “outperform” rating on the stock. Finally, Bank of America set a $132.00 price objective on JPMorgan Chase & Co. and gave the stock a “buy” rating in a research note on Sunday, October 14th. Eight investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $123.49.

NYSE:JPM opened at $111.19 on Friday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.01 and a current ratio of 1.01. JPMorgan Chase & Co. has a one year low of $101.96 and a one year high of $119.33. The stock has a market capitalization of $377.72 billion, a P/E ratio of 16.18, a price-to-earnings-growth ratio of 1.78 and a beta of 1.13.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Friday, October 12th. The financial services provider reported $2.34 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.24 by $0.10. JPMorgan Chase & Co. had a return on equity of 13.90% and a net margin of 23.39%. The business had revenue of $27.26 billion for the quarter, compared to analysts’ expectations of $27.20 billion. During the same quarter in the previous year, the firm posted $1.76 earnings per share. As a group, equities research analysts predict that JPMorgan Chase & Co. will post 9.26 earnings per share for the current year.

In other JPMorgan Chase & Co. news, Director Mellody L. Hobson purchased 1,150 shares of the business’s stock in a transaction that occurred on Friday, October 19th. The shares were acquired at an average price of $108.94 per share, for a total transaction of $125,281.00. Following the completion of the purchase, the director now owns 2,632 shares in the company, valued at approximately $286,730.08. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.73% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This article was posted by Community Financial News and is the property of of Community Financial News. If you are accessing this article on another domain, it was stolen and reposted in violation of US & international trademark and copyright laws. The correct version of this article can be viewed at https://www.com-unik.info/2018/12/02/jpmorgan-chase-co-jpm-getting-somewhat-favorable-news-coverage-analysis-finds.html.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment processing services, auto loans and leases.

Read More: Momentum Indicator: Relative Strength Index

Insider Buying and Selling by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

Receive News & Ratings for JPMorgan Chase & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Chase & Co. and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit