JPMorgan Chase & Co. (JPM) Receives a Hold from Oppenheimer

By Austin Angelo

In a report released yesterday, Chris Kotowski from Oppenheimer assigned a Hold rating to JPMorgan Chase & Co. (JPMResearch Report). The company’s shares closed last Friday at $138.64, close to its 52-week high of $142.75.

According to, Kotowski is a 5-star analyst with an average return of 12.4% and a 67.5% success rate. Kotowski covers the Financial sector, focusing on stocks such as Apollo Global Management, Focus Financial Partners, and New Mountain Finance.

JPMorgan Chase & Co. has an analyst consensus of Moderate Buy, with a price target consensus of $146.33, a 6.5% upside from current levels. In a report issued on January 12, UBS also maintained a Hold rating on the stock with a $131.00 price target.

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JPMorgan Chase & Co.’s market cap is currently $422.6B and has a P/E ratio of 18.10. The company has a Price to Book ratio of 2.23.

Based on the recent corporate insider activity of 185 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JPM in relation to earlier this year.

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JPMorgan Chase & Co. is a financial holding company. It provides financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research. It operates through the following segments: Consumer and Community Banking, Corporate and Investment Bank, Commercial Banking and Asset and Wealth Management. The Consumer and Community Banking segment serves consumers and businesses through personal service at bank branches and through automated teller machine, online, mobile, and telephone banking. The Corporate and Investment Bank segment offers a suite of investment banking, market-making, prime brokerage, and treasury and securities products and services to a global client base of corporations, investors, financial institutions, government and municipal entities. The Commercial Banking segment delivers services to U.S. and its multinational clients, including corporations, municipalities, financial institutions, and non profit entities. It also provides financing to real estate investors and owners as well as financial solutions, including lending, treasury services, investment banking, and asset management. The Asset and Wealth Management segment provides asset and wealth management services. The company was founded in 1968 and is headquartered in New York, NY.