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

Wise Group (NASDAQ:WSE) had its price objective lowered by equities researchers at JPMorgan Chase & Co. from $17.50 to $17.30 in a report issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 37.08% from the company’s current price.

A number of other research firms have also recently issued reports on WSE. Zacks Research raised Wise Group to a “hold” rating in a report on Thursday, May 21st. BNP Paribas Exane assumed coverage on shares of Wise Group in a research report on Monday, June 1st. They issued an “outperform” rating and a $16.69 price objective for the company. Morgan Stanley assumed coverage on shares of Wise Group in a research note on Monday, June 29th. They issued an “equal weight” rating and a $16.10 target price for the company. UBS Group initiated coverage on shares of Wise Group in a research report on Friday, May 29th. They set a “buy” rating and a $16.00 target price on the stock. Finally, The Goldman Sachs Group raised shares of Wise Group to a “strong-buy” rating in a report on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $16.52.

Wise Group Trading Down 2.3%

Shares of WSE stock opened at $12.62 on Friday. The business’s fifty day simple moving average is $12.10. Wise Group has a 52 week low of $10.36 and a 52 week high of $17.47.