JP Morgan Chase Receives a Hold from Robert W. Baird

By Jason Carr

In a report released today, David George from Robert W. Baird maintained a Hold rating on JP Morgan Chase (NYSE: JPM), with a price target of $92. The company’s shares closed yesterday at $95.99, close to its 52-week high of $97.64.

According to TipRanks.com, George is a 4-star analyst with an average return of 8.9% and a 73.9% success rate. George covers the Financial sector, focusing on stocks such as Huntington Bancshares Inc, Capital One Financial, and Associated Banc-Corp.

Currently, the analyst consensus on JP Morgan Chase is Moderate Buy and the average price target is $95.56, representing a -0.4% downside.

In a report issued on October 3, KBW also reiterated a Hold rating on the stock with a $100 price target.

JP Morgan Chase’s market cap is currently $337.8B and has a P/E ratio of 14.20. The company has a book value ratio of 1.4534.

Based on the recent corporate insider activity of 82 insiders, corporate insider sentiment is negative on the stock.

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.