JPMorgan Chase & Co. (JPM, Financial) has launched a new division dedicated to creating customized financing options for both public and private sectors. Named Strategic Financing Solutions, this unit is a synergy of banking, markets, and sales divisions within the company. As per an internal memo, initially, the focus will be on providing structured private solutions, infrastructure finance, strategic asset-backed securities finance, merchant banking, and direct lending.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for JPMorgan Chase & Co (JPM, Financial) is $293.00 with a high estimate of $336.00 and a low estimate of $196.34. The average target implies an upside of 1.49% from the current price of $288.70. More detailed estimate data can be found on the JPMorgan Chase & Co (JPM) Forecast page.
Based on the consensus recommendation from 26 brokerage firms, JPMorgan Chase & Co's (JPM, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for JPMorgan Chase & Co (JPM, Financial) in one year is $212.56, suggesting a downside of 26.37% from the current price of $288.7. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the JPMorgan Chase & Co (JPM) Summary page.
