Analysts Offer Insights on Financial Companies: First Republic Bank (NYSE: FRC) and JP Morgan Chase (NYSE: JPM)

Analysts fell to the sidelines weighing in on First Republic Bank (FRCResearch Report) and JP Morgan Chase (JPMResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

First Republic Bank (FRC)

BMO Capital analyst Lana Chan maintained a Hold rating on First Republic Bank today and set a price target of $106. The company’s shares opened today at $101.48.

According to TipRanks.com, Chan is a 4-star analyst with an average return of 9.6% and a 63.8% success rate. Chan covers the Financial sector, focusing on stocks such as Westamerica Bancorporation, TCF Financial Corporation, and Regions Financial.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Republic Bank with a $106.38 average price target, a 4.8% upside from current levels. In a report issued on April 5, Deutsche Bank also maintained a Hold rating on the stock with a $100 price target.

See today’s analyst top recommended stocks >>

JP Morgan Chase (JPM)

BMO Capital analyst James Fotheringham maintained a Hold rating on JP Morgan Chase today and set a price target of $118. The company’s shares opened today at $110.92.

According to TipRanks.com, Fotheringham is a 5-star analyst with an average return of 14.1% and a 77.7% success rate. Fotheringham covers the Financial sector, focusing on stocks such as Focus Financial Partners Inc, Discover Financial Services, and Goldman Sachs Group Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for JP Morgan Chase with a $116.43 average price target, which is a 5.0% upside from current levels. In a report issued on April 4, HSBC also maintained a Hold rating on the stock with a $102 price target.

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