JPMorgan Chase & Co. [JPM] stock Downgrade by Jefferies analyst, price target now $155

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JPMorgan Chase & Co. [NYSE: JPM] loss -2.87% on the last trading session, reaching $126.81 price per share at the time. The company report on April 15, 2022 that JPMorgan Chase Declares Preferred Stock Dividends.

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JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series DD, EE, GG, JJ, KK, LL & MM preferred stock. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news.

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $4.0 trillion in assets and $285.9 billion in stockholders’ equity as of March 31, 2022. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

JPMorgan Chase & Co. represents 2.98 billion in outstanding shares, while the company has a total market value of $386.81 billion with the latest information. JPM stock price has been found in the range of $126.6879 to $130.52.

If compared to the average trading volume of 16.18M shares, JPM reached a trading volume of 14298436 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about JPMorgan Chase & Co. [JPM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JPM shares is $158.45 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JPM stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for JPMorgan Chase & Co. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on February 14, 2022. The new note on the price target was released on January 14, 2022, representing the official price target for JPMorgan Chase & Co. stock.

The Average True Range (ATR) for JPMorgan Chase & Co. is set at 3.31, with the Price to Sales ratio for JPM stock in the period of the last 12 months amounting to 6.55. The Price to Book ratio for the last quarter was 1.46, with the Price to Cash per share for the same quarter was set at 513.19.

Trading performance analysis for JPM stock

JPMorgan Chase & Co. [JPM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.55. With this latest performance, JPM shares dropped by -9.28% in over the last four-week period, additionally sinking by -25.19% over the last 6 months – not to mention a drop of -15.57% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JPM stock in for the last two-week period is set at 36.23, with the RSI for the last a single of trading hit 33.89, and the three-weeks RSI is set at 37.76 for JPMorgan Chase & Co. [JPM]. The present Moving Average for the last 50 days of trading for this stock 138.45, while it was recorded at 129.71 for the last single week of trading, and 154.46 for the last 200 days.

JPMorgan Chase & Co. [JPM]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and JPMorgan Chase & Co. [JPM] shares currently have an operating margin of +46.05. JPMorgan Chase & Co.’s Net Margin is presently recorded at +38.11.

Return on Equity for this stock inclined to 16.78, with Return on Assets sitting at 1.35.

JPMorgan Chase & Co. [JPM]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JPM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for JPMorgan Chase & Co. go to 7.21%.

An analysis of insider ownership at JPMorgan Chase & Co. [JPM]

There are presently around $263,184 million, or 72.00% of JPM stock, in the hands of institutional investors. The top three institutional holders of JPM stocks are: VANGUARD GROUP INC with ownership of 260,062,354, which is approximately -0.204% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 192,249,551 shares of the stock with an approximate value of $24.38 billion in JPM stocks shares; and STATE STREET CORP, currently with $17.97 billion in JPM stock with ownership of nearly 1.633% of the company’s market capitalization.

Positions in JPMorgan Chase & Co. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 1,999 institutional holders increased their position in JPMorgan Chase & Co. [NYSE:JPM] by around 60,728,865 shares. Additionally, 1,276 investors decreased positions by around 69,438,162 shares, while 337 investors held positions by with 1,945,252,056 shares. The mentioned changes placed institutional holdings at 2,075,419,083 shares, according to the latest SEC report filing. JPM stock had 333 new institutional investments in for a total of 11,518,227 shares, while 106 institutional investors sold positions of 4,960,162 shares during the same period.