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
The stock is an absolute favorite of our community with 35 Buy predictions and no Sell predictions.
With a target price of 203 € there is a slightly positive potential of 5.93% for JPMorgan Chase & Co. compared to the current price of 191.64 €.
