Wise Group (NASDAQ:WSE) Coverage Initiated at JPMorgan Chase & Co.

Investment analysts at JPMorgan Chase & Co. began coverage on shares of Wise Group (NASDAQ:WSE) in a note issued to investors on Monday,Benzinga reports. The brokerage set an “overweight” rating and a $17.50 price target on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 35.14% from the stock’s current price.

A number of other research analysts also recently issued reports on the stock. The Goldman Sachs Group raised shares of Wise Group to a “strong-buy” rating in a research report on Tuesday, May 12th. Wall Street Zen raised Wise Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 27th. Weiss Ratings upgraded Wise Group from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday. William Blair initiated coverage on Wise Group in a research note on Monday, May 11th. They set an “outperform” rating on the stock. Finally, Morgan Stanley initiated 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 equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $16.57.

Wise Group Stock Performance

Shares of NASDAQ WSE opened at $12.95 on Monday. Wise Group has a 12-month low of $10.36 and a 12-month high of $17.47.