Credit Suisse Believes JPM Won’t Stop Here

Credit Suisse analyst Susan Roth Katzke maintained a Buy rating on JP Morgan Chase (NYSE: JPM) yesterday and set a price target of $88. The company’s shares closed yesterday at $86.53, close to its 52-week high of $86.54.

According to TipRanks.com, Katzke is a top 100 analyst with an average return of 27.3% and a 80.3% success rate. Katzke covers the Financial sector, focusing on stocks such as Goldman Sachs Grp., Citizens Financial, and State Street Corp.

JP Morgan Chase has an analyst consensus of Moderate Buy, with a price target consensus of $78.10.

The company has a one year high of $86.54 and a one year low of $52.50. Currently, JP Morgan Chase has an average volume of 17.56M.

Based on the recent corporate insider activity of 88 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of JPM in relation to earlier this year. Most recently, in January 2014, Linda Bammann, a Director at JPM sold 17,500 shares for a total of $875,000.