Wise Group (NASDAQ:WSE) Earns Overweight Rating from Analysts at JPMorgan Chase & Co.

Investment analysts at JPMorgan Chase & Co. initiated coverage on shares of Wise Group (NASDAQ:WSE) in a report issued on Monday,Benzinga reports. The brokerage set an “overweight” rating and a $17.50 price target on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 35.14% from the company’s previous close.

WSE has been the subject of several other research reports. Weiss Ratings upgraded Wise Group from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday. The Goldman Sachs Group upgraded Wise Group to a “strong-buy” rating in a research report on Tuesday, May 12th. Zacks Research raised Wise Group to a “hold” rating in a research note on Thursday, May 21st. BNP Paribas Exane initiated coverage on Wise Group in a research report on Monday, June 1st. They set an “outperform” rating and a $16.69 target price on the stock. Finally, Morgan Stanley assumed coverage on Wise Group in a research report on Monday, June 29th. They set an “equal weight” rating and a $16.10 target price on the stock. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Wise Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.57.

Wise Group Price Performance

Shares of NASDAQ:WSE opened at $12.95 on Monday. Wise Group has a 52 week low of $10.36 and a 52 week high of $17.47.