Wise (OTC:WPLCF) Price Target Cut to GBX 480 by Analysts at Credit Suisse Group

Wise (OTC:WPLCF – Get Rating) had its price objective reduced by Credit Suisse Group from GBX 500 ($6.10) to GBX 480 ($5.86) in a research note published on Wednesday, The Fly reports.

Several other analysts have also recently weighed in on the stock. Jefferies Financial Group began coverage on shares of Wise in a research note on Tuesday, December 13th. They issued a hold rating on the stock. Liberum Capital began coverage on shares of Wise in a research note on Thursday, December 8th. They issued a sell rating on the stock. AlphaValue raised shares of Wise to a sell rating in a research note on Tuesday, October 11th. Finally, Morgan Stanley boosted their price objective on shares of Wise from GBX 700 ($8.54) to GBX 815 ($9.95) in a research note on Wednesday, October 5th. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Wise presently has an average rating of Hold and an average price target of $538.33.

Wise Trading Down 2.0 %

Shares of OTC:WPLCF opened at $7.01 on Wednesday. The company has a 50 day moving average price of $7.30. Wise has a 1 year low of $3.51 and a 1 year high of $9.73.

About Wise

(Get Rating)

Wise plc provides cross-border money transfer services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. The company's transfer infrastructure includes Wise Account for international people who need to move and manage money across borders; Wise Business for international businesses need; and Wise Platform that allows businesses and banks to offer their own customers international payments.