JPMorgan Chase & Co. (NYSE:JPM) Stock Price Target Raised at Robert W. Baird

Key Points

• Robert W. Baird raised JPMorgan’s price target from $305 to $312 while maintaining a “neutral” rating, implying approximately 6% downside from the stock’s current price.
• Analyst sentiment remains broadly positive, with JPMorgan carrying a “Moderate Buy” consensus rating and an average price target of $362.29.
• JPMorgan’s latest quarter showed strong underlying growth, including an 8.1% year-over-year revenue increase to $50.17 billion, although earnings and revenue fell short of analyst estimates.

JPMorgan Chase & Co. (NYSE:JPM) had its price target upped by equities research analysts at Robert W. Baird from $305.00 to $312.00 in a report issued on Wednesday, Benzinga reports. The firm currently has a "neutral" rating on the financial services provider's stock. Robert W. Baird's price target would suggest a potential downside of 6.02% from the stock's current price.

A number of other research analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft raised shares of JPMorgan Chase & Co. from a "hold" rating to a "buy" rating and set a $375.00 price objective for the company in a research report on Wednesday, July 22nd. Bank of America boosted their price target on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the company a "buy" rating in a research report on Thursday, July 16th. Morgan Stanley reaffirmed a "positive" rating and issued a $370.00 price target on shares of JPMorgan Chase & Co. in a report on Wednesday, July 15th. TD Cowen began coverage on shares of JPMorgan Chase & Co. in a research note on Thursday, October 8th. They issued a "hold" rating and a $370.00 target price for the company. Finally, Royal Bank Of Canada increased their price objective on JPMorgan Chase & Co. from $330.00 to $370.00 and gave the company an "outperform" rating in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $362.29.

JPMorgan Chase & Co. Stock Down 0.7%

JPM opened at $331.99 on Wednesday. JPMorgan Chase & Co. has a twelve month low of $279.10 and a twelve month high of $366.50. The firm has a market cap of $882.49 billion, a P/E ratio of 14.22, a price-to-earnings-growth ratio of 1.37 and a beta of 1.02. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.85 and a current ratio of 0.85. The business has a 50 day moving average price of $349.49 and a 200 day moving average price of $329.50.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its quarterly earnings data on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($0.19). JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%. The firm had revenue of $50.17 billion during the quarter, compared to analyst estimates of $51.23 billion. During the same quarter in the previous year, the firm posted $5.07 earnings per share. JPMorgan Chase & Co.'s quarterly revenue was up 8.1% compared to the same quarter last year. Research analysts forecast that JPMorgan Chase & Co. will post 24.18 EPS for the current year.

Insider Activity at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 2,500 shares of the firm's stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total value of $882,025.00. Following the completion of the transaction, the insider owned 71,047 shares of the company's stock, valued at approximately $25,066,092.07. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by corporate insiders.

Institutional Trading of JPMorgan Chase & Co.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Citizens Bank & Trust Co. grew its position in shares of JPMorgan Chase & Co. by 18.7% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 136,045 shares of the financial services provider's stock valued at $45,008,000 after acquiring an additional 21,441 shares during the period. Focus Financial Network Inc. raised its holdings in shares of JPMorgan Chase & Co. by 3.2% in the 3rd quarter. Focus Financial Network Inc. now owns 34,658 shares of the financial services provider's stock valued at $11,466,000 after purchasing an additional 1,080 shares during the period. My Personal CFO LLC raised its holdings in shares of JPMorgan Chase & Co. by 4.9% in the 3rd quarter. My Personal CFO LLC now owns 2,863 shares of the financial services provider's stock valued at $947,000 after purchasing an additional 133 shares during the period. Succession Financial Inc. acquired a new stake in JPMorgan Chase & Co. in the 3rd quarter valued at about $534,000. Finally, Liberty Atlantic Advisors LLC lifted its stake in JPMorgan Chase & Co. by 65.4% in the 3rd quarter. Liberty Atlantic Advisors LLC now owns 1,654 shares of the financial services provider's stock valued at $547,000 after purchasing an additional 654 shares during the last quarter. 71.55% of the stock is owned by institutional investors.

Trending Headlines about JPMorgan Chase & Co.

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: JPMorgan reported third-quarter net income of $15.3 billion, up 6% year over year, while revenue increased 8.1% to approximately $50.2 billion. Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management net income rose 13%, 20%, and 11%, respectively. JPMorgan Chase Reports Third-Quarter Net Income
• Positive Sentiment: Management projected approximately $107 billion of 2027 net interest income, excluding Markets, implying growth from fourth-quarter guidance. Executives also characterized market-related deal activity as delayed rather than canceled, supporting the investment-banking recovery narrative. JPMorgan Sees Deal Delays, Not Cancellations
• Positive Sentiment: The bank declared a $1.65-per-share dividend, and stronger deal activity has led JPMorgan to add more than 1,000 investment bankers globally. Investors may view these actions as support for long-term earnings and capital returns. JPMorgan Taps Rob Sweeney as Dealmaking Rebounds

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, investment banking, asset management, private banking, commercial banking, consumer lending and payment services to individuals, businesses, institutions and governments.

The company operates through major business areas that include Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management. Its products and services include deposit accounts, credit cards, mortgages, auto loans, business financing, investment and advisory services, securities trading and custody, payment processing, and wealth-management solutions.

JPMorgan Chase serves customers in the United States and maintains operations and client relationships across international markets.

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