JPMorgan Chase & Co (NYSE: JPM) stock enjoyed a major increase of 11.5% on 11/6/24. The shares closed at $247.06. Moreover, trading volume in this advance was exceptionally high at 265% of normal. The stock has risen 10.8% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, JPM is expected to continue to be an important Value Builder.
JPMorgan Chase has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. JPMorgan Chase has a good Power Rating of 72 and a very high Appreciation Score of 90, triggering the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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