Wise Group (NASDAQ:WSE) Price Target Cut to $17.30 by Analysts at JPMorgan Chase & Co.

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

A number of other equities analysts have also commented on the stock. Morgan Stanley assumed coverage on shares of Wise Group in a report on Monday, June 29th. They issued an “equal weight” rating and a $16.10 price objective on the stock. William Blair started coverage on Wise Group in a report on Monday, May 11th. They issued an “outperform” rating for the company. Zacks Research upgraded Wise Group to a “hold” rating in a research note on Thursday, May 21st. Weiss Ratings upgraded Wise Group from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, July 2nd. Finally, UBS Group began coverage on Wise Group in a report on Friday, May 29th. They set a “buy” rating and a $16.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $16.52.

Wise Group Stock Down 2.3%

Shares of WSE stock opened at $12.62 on Friday. The company has a fifty day moving average price of $12.10. Wise Group has a twelve month low of $10.36 and a twelve month high of $17.47.