GMR Solutions (NYSE:GMRS) Coverage Initiated by Analysts at JPMorgan Chase & Co.

Analysts at JPMorgan Chase & Co. initiated coverage on shares of GMR Solutions (NYSE:GMRS) in a note issued to investors on Monday,Benzinga reports. The firm set an “overweight” rating and a $15.00 price target on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 37.11% from the stock’s previous close.

Several other analysts also recently issued reports on GMRS. Bank of America began coverage on shares of GMR Solutions in a report on Monday. They set a “buy” rating and a $18.00 price objective for the company. Citigroup began coverage on shares of GMR Solutions in a report on Sunday. They issued a “buy” rating and a $17.00 target price on the stock. Evercore started coverage on shares of GMR Solutions in a research report on Sunday. They set an “outperform” rating and a $20.00 target price for the company. Needham & Company LLC set a $18.00 price target on shares of GMR Solutions in a report on Monday. Finally, Wall Street Zen raised GMR Solutions to a “hold” rating in a research report on Saturday, May 23rd. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.22.

GMR Solutions Trading Up 0.4%

GMRS opened at $10.94 on Monday. GMR Solutions has a twelve month low of $10.26 and a twelve month high of $15.00.

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