Wise plc (LON:WISE) Receives Average Recommendation of “Hold” from Analysts

Shares of Wise plc (LON:WISEGet Free Report) have earned a consensus recommendation of “Hold” from the six research firms that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 896.20 ($11.48).

Several research analysts recently weighed in on WISE shares. Berenberg Bank restated a “buy” rating and set a GBX 1,140 ($14.61) price target on shares of Wise in a report on Wednesday, April 17th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,123 ($14.39) price objective on shares of Wise in a research report on Monday, April 22nd. Finally, Royal Bank of Canada reaffirmed a “sell” rating on shares of Wise in a research report on Wednesday, May 15th.

Check Out Our Latest Research Report on Wise

Wise Stock Up 0.5 %

Wise stock opened at GBX 854 ($10.94) on Friday. Wise has a fifty-two week low of GBX 516.80 ($6.62) and a fifty-two week high of GBX 997.50 ($12.78). The stock has a market cap of £8.71 billion, a PE ratio of 4,066.67, a price-to-earnings-growth ratio of 1.37 and a beta of 0.72. The firm’s 50-day simple moving average is GBX 832.69 and its 200 day simple moving average is GBX 848.34. The company has a debt-to-equity ratio of 41.95, a quick ratio of 0.06 and a current ratio of 1.05.

Insider Transactions at Wise

In other news, insider Terri Duhon purchased 308 shares of the stock in a transaction on Friday, April 19th. The shares were acquired at an average price of GBX 811 ($10.39) per share, for a total transaction of £2,497.88 ($3,200.36). Insiders own 28.61% of the company’s stock.

Wise Company Profile

(Get Free Report

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.

See Also

Analyst Recommendations for Wise (LON:WISE)

Receive News & Ratings for Wise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wise and related companies with MarketBeat.com's FREE daily email newsletter.