Barrington Thinks JMP Group’s Stock is Going to Recover


In a report released today, Alexander Paris from Barrington reiterated a Buy rating on JMP Group (JMP), with a price target of $6. The company’s shares closed yesterday at $4, close to its 52-week low of $3.78.

According to TipRanks.com, Paris is a 4-star analyst with an average return of 9.3% and a 52.2% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Strategic Education Inc.

JMP Group has an analyst consensus of Moderate Buy, with a price target consensus of $6.

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The company has a one-year high of $5.66 and a one-year low of $3.78. Currently, JMP Group has an average volume of 19.51K.

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JMP Group LLC provides investment banking, sales and trading, and equity research services to corporate and institutional clients, and alternative asset management products and services to institutional investors and high net-worth individuals. It operates through three segments: Broker-Dealer, Asset Management and Corporate.

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