JPMorgan Chase & Co. Begins Coverage on GMR Solutions (NYSE:GMRS)

Equities research analysts at JPMorgan Chase & Co. began coverage on shares of GMR Solutions (NYSE:GMRS) in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage set an “overweight” rating and a $15.00 price target on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 37.11% from the company’s current price.

GMRS has been the subject of a number of other research reports. Citigroup initiated coverage on GMR Solutions in a research report on Sunday. They issued a “buy” rating and a $17.00 price objective for the company. Bank of America started coverage on GMR Solutions in a research report on Monday. They set a “buy” rating and a $18.00 price objective on the stock. Evercore began coverage on GMR Solutions in a research note on Sunday. They issued an “outperform” rating and a $20.00 target price for the company. Needham & Company LLC set a $18.00 target price on GMR Solutions in a research report on Monday. Finally, Morgan Stanley started coverage on shares of GMR Solutions in a research note on Monday. They set a “neutral” rating and a $14.00 price target on the stock. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.22.

GMR Solutions Stock Up 0.4%

Shares of GMRS opened at $10.94 on Monday. GMR Solutions has a 52 week low of $10.26 and a 52 week high of $15.00.

GMR Solutions (NYSE:GMRS) last released its earnings results on Monday, June 1st. The company reported $999.00 earnings per share for the quarter. The firm had revenue of $1.46 billion for the quarter.