Oppenheimer Assigns a Hold Rating on JP Morgan Chase

By Austin Angelo

Oppenheimer analyst Chris Kotowski assigned a Hold rating to JP Morgan Chase (NYSE: JPM) today. The company’s shares closed yesterday at $110.84, close to its 52-week high of $110.93.

According to TipRanks.com, Kotowski is a top 100 analyst with an average return of 12.4% and a 69.6% success rate. Kotowski covers the Financial sector, focusing on stocks such as Great Elm Capital Corporation, Apollo Global Management LLC, and Fidus Investment Corporation.

Currently, the analyst consensus on JP Morgan Chase is Moderate Buy and the average price target is $117.73, representing a 6.2% upside.

In a report issued on January 9, Societe Generale also downgraded the stock to Hold with a $120.50 price target.

The company has a one-year high of $110.93 and a one-year low of $81.64. Currently, JP Morgan Chase has an average volume of 12.87M.

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