Is JPMorgan Chase Stock Cheap or Expensive?
JPMorgan Chase (NYSE: JPM) has been a major beneficiary of the stock market rally following the 2016 election.
Since this time last year, shares of the New York City-based bank are up 44%. That's more than twice the S&P 500. It also comes in ahead of other large-cap banks, with the KBW Bank Index returning 38% over the same stretch.
Given this performance, it's reasonable for investors to ask this question: Is JPMorgan Chase's stock cheap or expensive?
Source: Fool.com
JPMorgan Chase & Co. Stock
€199.08
0.040%
The stock is an absolute favorite of our community with 35 Buy predictions and no Sell predictions.
With a target price of 202 € there is a slightly positive potential of 1.47% for JPMorgan Chase & Co. compared to the current price of 199.08 €.
