News articles about JPMorgan Chase & Co. (NYSE:JPM) have trended somewhat positive on Monday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. JPMorgan Chase & Co. earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.4581653148985 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- JPMorgan's Gartside Is 'Not at All' Worried About a Financial Crisis in China (finance.yahoo.com)
- US Financials Rallied, Indexes Extended Gains (finance.yahoo.com)
- Scandal Rocks Abe's Inner Circle in Japan (finance.yahoo.com)
- Barclays CIB chief Throsby gets £12.5m of shares (finance.yahoo.com)
- Former Capco Head of Innovation Ben Jessel Joins Kadena, Blockchain Platform Provider, To Lead Business Growth (insidebitcoins.com)
A number of equities research analysts have recently issued reports on JPM shares. Wells Fargo & Co set a $120.00 price target on shares of JPMorgan Chase & Co. and gave the stock a “buy” rating in a report on Wednesday, December 20th. Morgan Stanley increased their price target on shares of JPMorgan Chase & Co. from $128.00 to $133.00 and gave the stock an “overweight” rating in a report on Friday, February 2nd. Royal Bank of Canada reissued a “buy” rating on shares of JPMorgan Chase & Co. in a report on Friday, December 8th. Barclays increased their price target on shares of JPMorgan Chase & Co. from $105.00 to $132.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. Finally, Societe Generale downgraded shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $110.82.
JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings results on Friday, January 12th. The financial services provider reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.07. JPMorgan Chase & Co. had a net margin of 21.46% and a return on equity of 11.63%. The business had revenue of $24.15 billion for the quarter, compared to analysts’ expectations of $24.87 billion. During the same period last year, the business earned $1.71 earnings per share. The business’s quarterly revenue was up 3.3% on a year-over-year basis. sell-side analysts forecast that JPMorgan Chase & Co. will post 8.9 earnings per share for the current year.
In other JPMorgan Chase & Co. news, insider Peter Scher sold 26,532 shares of the stock in a transaction that occurred on Friday, January 19th. The shares were sold at an average price of $113.42, for a total transaction of $3,009,259.44. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Ashley Bacon sold 16,434 shares of the stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $112.22, for a total transaction of $1,844,223.48. Following the transaction, the insider now owns 98,811 shares in the company, valued at $11,088,570.42. The disclosure for this sale can be found here. Insiders have sold 152,047 shares of company stock worth $17,098,115 over the last quarter. Company insiders own 0.88% of the company’s stock.
JPMorgan Chase & Co. Company Profile
JPMorgan Chase & Co is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.
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