Analysts think JP Morgan Chase is undervalued

It seems JP Morgan Chase's stock trades with a discount. Most of the analysts say JP Morgan Chase is cheap at this level. Currently the company is being followed by 15 researchers. The recommendations are: 1 times sell, 2 times hold and no buys. The average target price (fair value) equals 124,73 USD. This is at around 36 percent more than the current price of 89,34 USD. The most recent recommendations for the bank are from Jefferies & Co., Deutsche Bank and Keefe Bruyette & Woods.

Target prices for JP Morgan Chase quite spread

JP Morgan Chase's market capitalization is based on the number of outstanding shares around 292,66 billion USD. The JP Morgan Chase stock was the past 12 months quite unstable. Since last April the stock is 19 percent lower. This year the stock price moved between 77 and 141 dollar. Since 2008 the stock price is almost 99 percent higher.

Historical stock prices JP Morgan Chase from 2007 till 2020

On Saturday the stock closed at 89,34 USD.

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