JPMorgan Reaffirms Overweight Rating on People Incorporated Common Stock

People Incorporated Common Stock (NASDAQ:PPLI) has been reaffirmed as an 'overweight' rating by JPMorgan Chase & Co., according to a report issued on Friday. The target price is set at $54.00, indicating a potential upside of 43.85% from the stock's previous close.

This is not the first time analysts have weighed in on PPLI. In August, Weiss Ratings upgraded the stock from 'sell' to 'hold', while Benchmark lifted their price objective from $60.00 to $70.00 and gave it a 'buy' rating.

Average analyst expectations suggest that People Incorporated Common Stock will post EPS of 6.97 for the current year.