JPMorgan Chase & Co. Cuts Wise Group (NASDAQ:WSE) Price Target to $17.30

Wise Group (NASDAQ:WSE) had its target price cut by JPMorgan Chase & Co. from $17.50 to $17.30 in a report published on Friday morning,Benzinga reports. They currently have an overweight rating on the stock.

A number of other research analysts have also recently issued reports on WSE. Wall Street Zen upgraded shares of Wise Group from a “sell” rating to a “hold” rating in a research note on Saturday, June 27th. UBS Group started coverage on Wise Group in a research report on Friday, May 29th. They set a “buy” rating and a $16.00 price target on the stock. Weiss Ratings raised Wise Group from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, July 2nd. The Goldman Sachs Group upgraded Wise Group to a “strong-buy” rating in a research report on Tuesday, May 12th. Finally, Zacks Research raised Wise Group to a “hold” rating in a research note on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Wise Group presently has a consensus rating of “Buy” and a consensus target price of $16.52.

Wise Group Stock Performance

Shares of Wise Group stock opened at $12.62 on Friday. Wise Group has a 1-year low of $10.36 and a 1-year high of $17.47. The business’s 50-day moving average price is $12.10.