Highlights

  • DZ Bank reiterates a "neutral" rating on JPMorgan Chase & Co. shares.
  • Analysts’ consensus rating is "Hold" with an average target price of USD 319.40.
  • Recent earnings exceeded estimates, reporting USD 5.07 EPS for the latest quarter.

JPMorgan Chase & Co. (NYSE:JPM), a U.S.-based financial services provider, has seen a range of recent equity research ratings. DZ Bank maintained a "neutral" rating in a note issued Wednesday, according to MarketScreener Latest Ratings.

Other recent analyst updates include:

  • Cowen: Reaffirmed "buy" rating (July 16).
  • Royal Bank of Canada: Reissued "buy" rating with a USD 343 target price.
  • Bank of America: Increased target from USD 330 to USD 340, maintaining "buy" rating (July 16).
  • Baird R W: Downgraded from "hold" to "strong sell" (June 27).
  • Wells Fargo & Company: Raised target from USD 325 to USD 345 and assigned "overweight" rating (Sept 16).

MarketBeat data indicates that out of 27 analysts covering JPMorgan Chase & Co., 15 have issued a "Buy," nine a "Hold," and three a "Sell," resulting in a consensus rating of "Hold" and an average target price of USD 319.40.

Quarterly Performance
The company reported quarterly earnings on October 14, posting USD 5.07 EPS, above analysts’ consensus estimate of USD 4.83. Revenue for the quarter reached USD 46.43 billion, surpassing the USD 44.42 billion forecast. Compared with the same quarter last year, revenue increased by 8.8%, and EPS rose from USD 4.37. The company recorded a net margin of 20.52% and a return on equity of 16.93%. Analysts project an EPS of 18.1 for the current fiscal year.

Company Profile
JPMorgan Chase & Co. operates as a financial holding company providing banking and investment services. Its operations are divided across Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate segments. The firm offers services including investment banking, commercial banking, financial transaction processing, asset management, and consumer financial solutions.