Summary:
- JPMorgan Chase CEO James Dimon recently sold $31.5 million worth of company shares.
- Wall Street analysts have set a one-year average price target of $258.45 for JPM stock.
- GuruFocus estimates suggest a potential downside with a GF Value of $206.76.
JPMorgan Chase (JPM, Financial) CEO James Dimon has divested $31.5 million worth of company shares, according to a recent filing. The sale involved 133,639 shares at approximately $235.68 each. Following this transaction, Dimon retains direct ownership of 1.32 million shares. JPM stock fell 0.63% to $234.72.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for JPMorgan Chase & Co (JPM, Financial) is $258.45, with predictions ranging from a high of $330.00 to a low of $180.51. This average target indicates a potential upside of 10.46% from the current price of $233.98. For more in-depth estimate data, visit the JPMorgan Chase & Co (JPM) Forecast page.
Furthermore, according to the consensus recommendation from 24 brokerage firms, JPMorgan Chase & Co's (JPM, Financial) average brokerage recommendation is currently 2.3. This rating suggests an "Outperform" status, using a scale where 1 represents Strong Buy and 5 denotes Sell.
Assessment of GF Value
Based on GuruFocus estimates, the anticipated GF Value for JPMorgan Chase & Co (JPM, Financial) in one year is $206.76. This estimate suggests a potential downside of 11.63% from the current price of $233.975. GF Value is GuruFocus' estimation of the fair value at which the stock should be traded, calculated from historical multiples, past business growth, and future business performance forecasts. For more comprehensive data, consult the JPMorgan Chase & Co (JPM) Summary page.