Wise (LON:WISE) Rating Reiterated by Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Wise (LON:WISE) in a research report sent to investors on Wednesday morning, MarketBeat reports. The firm currently has a GBX 1,140 ($14.19) price target on the stock.

Separately, Jefferies Financial Group restated a buy rating and issued a GBX 1,123 ($13.98) target price on shares of Wise in a report on Thursday, April 11th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of Hold and a consensus target price of GBX 896.20 ($11.16).

Wise Price Performance

WISE opened at GBX 830.50 ($10.34) on Wednesday. The stock has a fifty day moving average of GBX 903.47 and a 200-day moving average of GBX 820.07. The firm has a market capitalization of £8.47 billion, a P/E ratio of 3,942.86, a PEG ratio of 1.64 and a beta of 0.67. Wise has a 12-month low of GBX 513.20 ($6.39) and a 12-month high of GBX 997.50 ($12.42). The company has a quick ratio of 0.06, a current ratio of 1.05 and a debt-to-equity ratio of 41.95.

Insider Transactions at Wise

In other news, insider Matthew Briers sold 31,664 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of GBX 793 ($9.87), for a total value of £251,095.52 ($312,580.01). 28.57% of the stock is currently owned by company insiders.

About Wise

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.