Is JPMorgan Chase Stock a Buy Now?
Shares of JPMorgan Chase (NYSE: JPM) are up a fantastic 55% over the past year, strongly outperforming the S 500 index's 26% gain. The banking giant has successfully leveraged a resilient economic backdrop into a record year for profitability.
This momentum was evident in its latest fourth-quarter earnings report (for the period ended Dec. 31), which exceeded Wall Street expectations. The bank posted Q4 earnings per share (EPS) of $4.81, up 58% from last year.
With the stock trading near a record high, investors may be wondering if the rally has further room to run or if the opportunity has already passed. Let's discuss whether JPMorgan Chase stock is a buy now.
Source Fool.com
JPMorgan Chase & Co. Stock
€223.35
3.920%
The stock is one of the favorites of our community with 26 Buy predictions and 1 Sell predictions.
With a target price of 228 € there is a slightly positive potential of 2.08% for JPMorgan Chase & Co. compared to the current price of 223.35 €.
