Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  JP Morgan Chase & Company    JPM

JP MORGAN CHASE & COMPANY (JPM)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Turkey's Actera plans IPO for auto firm Actera, has mandated JP Morgan - sources

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/13/2018 | 01:53pm CET

ISTANBUL/LONDON (Reuters) - Turkish private equity fund Actera is planning an initial public offering for auto parts maker Standard Profil and has mandated JP Morgan for a listing that may take place in London, according to people familiar with the matter.

Actera is considering a flotation for the unit, which it acquired in 2013, three sources said, declining to be identified because the information is not yet public.

JP Morgan has been mandated and a London listing is being considered, two of the people said. One of them said the IPO could happen in May.

"JP Morgan was mandated for the initial public offering," one of the sources said.

Actera was not immediately available for comment. JP Morgan and Standard Profil both declined to comment.

Standard Profil, which manufactures sealing parts for vehicles, had revenue of 390 million euros (346.74 million pounds) in 2016, according to its website. The company supplies products to global automakers including Toyota (>> Toyota Motor Corp), General Motors (>> General Motors Corporation) and Renault (>> Renault).

In addition to Turkey, the company has production facilities in Spain, Bulgaria, Morocco, China, South Africa and Mexico.

The deal would mark the latest in a wave of Turkish companies to list this year.

Separately, sources told Reuters on Monday that four Turkish firms - discount grocer Sok, clothing retailer DeFacto, high-end retailer Beymen and logistics company U.N. Ro-Ro - are all expected to hold initial public offerings in May.

Turkish firms have been taking advantage of stock prices at record levels, as well as robust international demand for Turkish listings.

(Writing by Ezgi Erkoyun; Editing David Dolan)

By Ebru Tuncay, Can Sezer and Dasha Afanasieva

Valeurs citées dans l'article
ChangeLast1st jan.
GENERAL MOTORS CORPORATION -0.52% 40.56 Delayed Quote.-0.54%
RENAULT -0.53% 85.61 Real-time Quote.2.66%
TOYOTA MOTOR CORP 0.12% 7300 End-of-day quote.0.00%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on JP MORGAN CHASE & COMPANY
09:39aJP MORGAN CHASE MPANY : Financial Sense Advisors Inc. Raises Holdings in Consume..
AQ
09:37aJP MORGAN CHASE MPANY : JPMorgan To Build New State-of-the-art HQ At Park Avenue..
AQ
02/21JP MORGAN CHASE MPANY : Jamie Dimon Will Raze 270 Park In Order To Build Somethi..
AQ
02/21JP MORGAN CHASE MPANY : JPMorgan plans new Manhattan headquarters in boost to Mi..
RE
02/21JP MORGAN CHASE MPANY : JPMorgan Chase to demolish New York City building, erect..
AQ
02/21Americans prefer bank branches over mobile apps for opening new accounts
RE
02/21DAVID HENRY : Americans prefer bank branches over mobile apps for opening new ac..
RE
02/21Albertsons to buy Rite Aid as Amazon threat looms
RE
02/21JP MORGAN CHASE MPANY : JPMorgan Chase to Build New Midtown NYC Headquarters -- ..
DJ
02/21JP MORGAN CHASE MPANY : Businesses Raring to Grow, If They Can Find Skilled Work..
BU
More news
News from SeekingAlpha
02/21Goldilocks scenario sounds good to the banks 
02/21JPMorgan to build brand new headquarters in New York 
02/20Healthcare Innovation Or Exacerbating The Crisis? 
02/18Tracking Glenn Greenberg's Brave Warrior Advisors Portfolio - Q4 2017 Update 
02/16JPM looking to buy an ETF business as the industry consolidates 
Financials ($)
Sales 2018 108 B
EBIT 2018 45 707 M
Net income 2018 29 920 M
Debt 2018 -
Yield 2018 2,15%
P/E ratio 2018 13,13
P/E ratio 2019 11,81
Capi. / Sales 2018 3,69x
Capi. / Sales 2019 3,51x
Capitalization 400 B
Chart JP MORGAN CHASE & COMPANY
Duration : Period :
JP Morgan Chase & Company Technical Analysis Chart | JPM | US46625H1005 | 4-Traders
Technical analysis trends JP MORGAN CHASE & COMPANY
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 118 $
Spread / Average Target 2,2%
EPS Revisions
Managers
NameTitle
James Dimon Chairman & Chief Executive Officer
Gordon A. Smith Co-President & Co-Chief Operating Officer
Daniel E. Pinto Co-President & Co-Chief Operating Officer
Marianne Lake Chief Financial Officer & Executive Vice President
Lori A. Beer Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
JP MORGAN CHASE & COMPANY7.27%399 678
INDUSTRIAL AND COMMERCIAL BANK OF CHINA10.97%369 276
BANK OF AMERICA8.40%328 885
WELLS FARGO-1.07%295 209
CHINA CONSTRUCTION BANK CORPORATION10.42%284 562
BANK OF CHINA LTD7.81%230 273