JPMorgan Chase (JPM) Receives Consensus Rating of "Hold" from Analysts

Jamie Dimon

JPMorgan Chase reissued their buy rating on shares of Facebook (NASDAQ:FB) in a report issued on Tuesday. ValuEngine upgraded JPMorgan Chase from a "hold" rating to a "buy" rating in a research report on Friday, February 2nd.

Among 29 analysts covering BP (NYSE:BP), 21 have Buy rating, 2 Sell and 6 Hold. Zacks Investment Research cut JPMorgan Chase & Co. from a "buy" rating to a "hold" rating in a research note on Tuesday, March 6th.

Telecom Argentina (OTCMKTS:TCMFF) had its price objective dropped by stock analysts at JPMorgan Chase from $39.00 to $35.00 in a report released on Wednesday. They noted that the move was a valuation call. On Thursday, March 10 the stock rating was downgraded by UBS to "Sell". We are committed to doing our part - and this company can be an engine that helps drive inclusive economic growth for all Americans, including our $20 billion long-term investment in our employees and communities, and we're working to tackle broader issues, like healthcare, that can help the whole country. JPMorgan Chase & Co. has an average rating of "Buy" and a consensus target price of $112.14.

Facebook stock opened at $163.87 on Tuesday.

Since November 17, 2017, it had 0 buys, and 1 sale for $292,234 activity. On Friday, January 12 the firm has "Buy" rating by RBC Capital Markets given. First-quarter results also compare to the consensus estimates for EPS of $2.29 on revenue of $27.66 billion.

More news: IOS 11.3 Messing with iPhone 8s with Third-Party Screens

JPM reported fourth quarter net revenues of $25.45 billion and adjusted profit of $6.70 billion or $1.76 per diluted share. Ferroglobe had a net margin of 1.45% and a return on equity of 2.32%.

Analysts surveyed by Thomson Reuters are predicting, JPM to report 1Q18 income of $ 2.28 per share from revenue of $ 27.63 billion. $1.03 million worth of stock was sold by Lake Marianne on Saturday, January 13. Salient Capital Advisors Llc sold 160,000 shares as the company's stock declined 3.20% with the market. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. The insider BILLEADEAU SCOTT A sold 2,419 shares worth $465,174. The stock was sold at an average price of $187.66, for a total transaction of $1,048,456.42. Goldman Sachs Grp Inc invested in 0.04% or 2.92M shares. Company insiders own 17.23% of the company's stock.

A number of institutional investors have recently made changes to their positions in GSM. According to a filing the fund decreased its stake in Apple Inc (NASDAQ:AAPL) by 73,198 shares to 8.06M shares, valued at $1.36 billion in 2017Q4.

Salient Capital Advisors Llc, which manages about $5.02 billion and $4.53 billion US Long portfolio, decreased its stake in Enbridge Energy Management L (NYSE:EEQ) by 326,867 shares to 5.44 million shares, valued at $72.86 million in 2017Q4, according to the filing. Temasek Holdings Private Ltd bought 367,700 shares as the company's stock rose 4.18% while stock markets declined. Rehmann Capital Advisory Group now owns 9,720 shares of the social networking company's stock valued at $1,715,000 after purchasing an additional 313 shares during the last quarter. Waddell Reed Fincl reported 0.3% of its portfolio in Wells Fargo & Company (NYSE:WFC). PEAK6 Investments L.P. now owns 19,705 shares of the basic materials company's stock valued at $319,000 after purchasing an additional 10,221 shares during the period.

WARNING: This article was originally published by Macon Daily and is owned by of Macon Daily. If you are accessing this piece of content on another publication, it was stolen and republished in violation of U.S. & worldwide copyright & trademark legislation. The Company's products include Facebook, Instagram, Messenger, WhatsApp and Oculus.

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