Hsbc Global Res Upgrades JPMorgan Chase & Co. (NYSE:JPM) to “Hold”

JPMorgan Chase & Co. (NYSE:JPM) was upgraded by investment analysts at Hsbc Global Res from a “moderate sell” rating to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

Several other research analysts have also issued reports on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of JPMorgan Chase & Co. from $300.00 to $320.00 and gave the stock a “hold” rating in a research note on Tuesday, September 30th. Dbs Bank upgraded shares of JPMorgan Chase & Co. to a “hold” rating in a report on Tuesday, October 21st. Daiwa Capital Markets lifted their target price on shares of JPMorgan Chase & Co. from $345.00 to $353.00 and gave the company an “outperform” rating in a report on Tuesday. Royal Bank Of Canada dropped their price target on JPMorgan Chase & Co. from $343.00 to $330.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. Finally, KGI Securities upped their price target on JPMorgan Chase & Co. from $300.00 to $315.00 and gave the stock a “hold” rating in a research note on Wednesday, October 15th. Fourteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $333.90.

JPMorgan Chase & Co. Trading Up 0.9%

NYSE JPM opened at $330.04 on Wednesday. The firm has a market capitalization of $898.44 billion, a PE ratio of 16.35, a P/E/G ratio of 1.61 and a beta of 1.07. The stock’s 50 day moving average is $314.89 and its 200 day moving average is $303.91. JPMorgan Chase & Co. has a twelve month low of $202.16 and a twelve month high of $337.25. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.26.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings data on Tuesday, October 14th. The financial services provider reported $5.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.83 by $0.24. The business had revenue of $47.12 billion during the quarter, compared to the consensus estimate of $44.42 billion. JPMorgan Chase & Co. had a return on equity of 17.18% and a net margin of 20.90%.The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.37 earnings per share. Research analysts forecast that JPMorgan Chase & Co. will post 18.1 earnings per share for the current fiscal year.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 966 shares of JPMorgan Chase & Co. stock in a transaction on Friday, November 7th. The stock was sold at an average price of $311.92, for a total value of $301,314.72. Following the completion of the sale, the insider owned 58,479 shares of the company’s stock, valued at approximately $18,240,769.68. This trade represents a 1.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.47% of the company’s stock.

Institutional Investors Weigh In On JPMorgan Chase & Co.

Institutional investors have recently modified their holdings of the business. Harbor Asset Planning Inc. purchased a new stake in JPMorgan Chase & Co. in the second quarter worth approximately $26,000. Mizuho Securities Co. Ltd. lifted its holdings in shares of JPMorgan Chase & Co. by 450.0% during the 2nd quarter. Mizuho Securities Co. Ltd. now owns 110 shares of the financial services provider’s stock valued at $32,000 after buying an additional 90 shares during the period. Mountain Hill Investment Partners Corp. bought a new position in shares of JPMorgan Chase & Co. during the 3rd quarter valued at $32,000. Family Legacy Financial Solutions LLC boosted its stake in shares of JPMorgan Chase & Co. by 92.6% in the 3rd quarter. Family Legacy Financial Solutions LLC now owns 104 shares of the financial services provider’s stock worth $33,000 after buying an additional 50 shares during the last quarter. Finally, Turning Point Benefit Group Inc. bought a new stake in shares of JPMorgan Chase & Co. in the third quarter worth $35,000. 71.55% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about JPMorgan Chase & Co.

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: JPMorgan will become the new issuer of the Apple Card, adding ~ $20B of card balances and expanding its U.S. credit-card footprint; the transition is expected to take up to 24 months, which supports longer‑term fee income and consumer credit growth. Chase to become new issuer of Apple Card
• Positive Sentiment: Wall Street momentum and higher price targets are supporting the name — several firms (Barclays, Wells Fargo, Evercore and others) have recent buy/overweight calls and the median 6‑month target sits near $340, which underpins investor confidence. Analyst Says JPMorgan Trading At A Discount
• Positive Sentiment: Tech/innovation moves: JPMorgan confirmed plans to deploy a proprietary digital dollar token on a public blockchain and is replacing external proxy advisors with its own AI systems — both signal technology leadership and potential operational/efficiency gains. JPMorgan debuts coin on public blockchain
• Neutral Sentiment: JPMorgan’s asset-management unit is ending ties with major proxy-advisory firms and will use internal AI for voting — a structural change that could reduce fees/costs but draws scrutiny over governance and transition risk. JPMorgan won’t use controversial proxy advisors
• Neutral Sentiment: Takeover of the Apple Card comes with a near‑term accounting hit: reports say JPM may record ~ $2.2B provision in Q4 tied to the transition — a one‑time drag vs. longer‑term revenue upside from the portfolio. JPM to take over Apple Card, plans to record a $2.2B provision
• Negative Sentiment: Insider selling and some institutional rebalancing are visible in recent filings (executive share sales and mixed hedge‑fund flows), which can add short‑term selling pressure. Lobbying/insider trading update (Quiver)
• Negative Sentiment: Some research notes show mixed/trimmed forward EPS estimates from certain providers (Zacks and other outlets flagged revisions), which could temper expectations ahead of JPM’s Q4 report next week. Quiver: Data snapshot and sell pressure

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.