Will JPMorgan Chase Do a Stock Split in 2018?
The financial sector has gone through extremely volatile times over the past 15 years. Having benefited greatly from the housing boom in the early and mid-2000s, JPMorgan Chase (NYSE: JPM) and other major banking institutions delivered strong returns to their shareholders. The crash in housing and the ensuing financial crisis took JPMorgan's share price sharply lower, but after overcoming what many had feared would be insurmountable obstacles, the banking giant has emerged stronger than ever.
The entities that now make up JPMorgan Chase have done stock splits in the past, and the recent rise in its share price has led some to wonder whether 2018 will bring another split for the shares. The attitude toward stock splits in general has changed dramatically since the last time the company made such a move, but that hasn't stopped some investors from hoping for a split in the not-too-distant future. Below, we'll take a look at whether a stock split is likely for JPMorgan Chase.
Image source: JPMorgan Chase.
Source: Fool.com
JPMorgan Chase & Co. Stock
With 32 Buy predictions and not a single Sell prediction JPMorgan Chase & Co. is an absolute favorite of our community.
As a result the target price of 202 € shows a slightly positive potential of 8.81% compared to the current price of 185.64 € for JPMorgan Chase & Co..
