AssetMark Financial (NYSE:AMK) Coverage Initiated at JPMorgan Chase & Co.
Equities researchers at JPMorgan Chase & Co. began coverage on shares of AssetMark Financial (NYSE:AMK) in a report released on Monday, Marketbeat Ratings reports. The firm set a “neutral” rating and a $29.00 price target on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 17.17% from the company’s current price.
Shares of AssetMark Financial stock opened at $24.75 on Monday. AssetMark Financial has a one year low of $24.56 and a one year high of $28.61.
In other AssetMark Financial news, major shareholder Securities Co. Ltd. Huatai sold 8,125,000 shares of AssetMark Financial stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $20.57, for a total value of $167,131,250.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
AssetMark Financial Holdings, Inc provides wealth management and technology solutions in the United States. The company offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology to the financial adviser channel.
See Also: How to Invest in Marijuana Stocks
Receive News & Ratings for AssetMark Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AssetMark Financial and related companies with MarketBeat.com's FREE daily email newsletter.