Stock to Watch: JPMorgan Chase & Co. (NYSE:JPM)

[Reuters] JPMorgan Chase & Co.(NYSE:JPM) won’t reach out to the nearly two-thirds of U.S. households affected by its summer security breach that their personal information was exposed to criminals, a move that some critics say is unfair to customers of the nation’s largest bank.A notice on the bank’s homepage announces an “Important Update on Cyber Security,” directing those who click to a page that describes what information was exposed in the hack attack.That data include names, addresses, phone numbers, email addresses and “internal JPMorgan Chase information relating to such users” for 76 million households and 7 million small businesses who logged in online or through mobile devices. But the bank told MarketWatch it will not directly contact breach victims to inform them that their data was compromised.Stock PerformanceTaking a look at the company’s recent performance, JPMorgan Chase & Co reported second quarter earnings for fiscal 2014 on July 15^th. The company reported actual earnings per share of $1.59 against the consensus Street estimate of $1.33. This represents year over year growth of (0.63%). JPMorgan Chase & Co posted revenue of $25.30 billion against estimates of $23.86 billion.JPMorgan Chase & Co (JPM) is currently valued at $220.94 billion and closed the last trading session at $58.74. The stock has a 50-day moving average of $59.72 and a 200-day moving average of $57.57.

Is this a Buying Opportunity?There are currently twenty four analysts that we track that cover the stock. Of those twenty four, twenty one have a Buy rating and three have a hold rating. On a consensus basis this yields a score of 2.88 and a Buy. The combined price objective of these covering analysts is $62.25, which represents a 3.43% upside difference to the last closing price.The most recent analyst activity consisted of Bank of AmericaReiterating their buy stance on the company. Bank of America has a price target of $59.91 which represents an downside of 0.5% from the last closing price. On the date of the report, the stock closed at $59.89.Another research firm weighing in recently was Nomura who also reiterated rating with Buy stance on the stock. On September 23^rd Zacks upgraded their price target on the stock to $69.00, a 15.58% upside to the current price. On the day of the report, JPM shares closed at $59.70.Company ProfileJPMorgan Chase & Co. (NYSE:JPM) a financial holding company, provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; and residential mortgages and home equity loans, as well as provides credit cards, payment services, payment processing services, and auto and student loans. The Corporate & Investment Bank segment provides investment banking, market-making, prime brokerage, and treasury and securities products and services to corporations, investors, financial institutions, and government and municipal entities.