Wise (LON:WISE) Given New GBX 1,299 Price Target at Jefferies Financial Group

Wise (LON:WISE) had its price objective increased by Jefferies Financial Group from GBX 1,231 to GBX 1,299 in a report released on Thursday, MarketBeat Ratings reports. Jefferies Financial Group currently has a buy rating on the stock.

WISE has been the subject of a number of other reports. JPMorgan Chase & Co. raised their price objective on shares of Wise from GBX 1,375 to GBX 1,385 and gave the stock an “overweight” rating in a report on Thursday. Berenberg Bank increased their price target on shares of Wise from GBX 1,330 to GBX 1,350 and gave the stock a “buy” rating in a research report on Tuesday. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 1,344.67.

Wise Price Performance

Shares of Wise stock opened at GBX 979.16 on Thursday. The company has a current ratio of 1.06, a quick ratio of 0.06 and a debt-to-equity ratio of 22.88. The firm has a fifty day simple moving average of GBX 878.80 and a 200-day simple moving average of GBX 982.64. The stock has a market capitalization of £9.80 billion, a price-to-earnings ratio of 26.47, a PEG ratio of 1.28 and a beta of 0.75. Wise has a 1-year low of GBX 793 and a 1-year high of GBX 1,225.

Wise (LON:WISE) last posted its quarterly earnings data on Thursday, November 6th. The company reported GBX 18.23 earnings per share for the quarter. Wise had a return on equity of 41.22% and a net margin of 25.11%. On average, sell-side analysts expect that Wise will post 37.7347752 earnings per share for the current year.

More Wise News

Here are the key news stories impacting Wise this week:

• Positive Sentiment: Jefferies raised its price target on WISE from GBX 1,231 to GBX 1,299 and maintained a “buy” rating — this upgrade signals confidence in Wise’s growth/profitability outlook and can attract buyers. Read More. Read More.
• Positive Sentiment: JPMorgan lifted its target slightly (GBX 1,375 → GBX 1,385) and kept an “overweight” rating — a top-tier bank staying constructive may support momentum and flows into the stock. Read More. Read More. Read More.
• Positive Sentiment: Berenberg raised its target from GBX 1,330 to GBX 1,350 and kept a “buy” — another buy-side upgrade adding to consensus upside and validating management’s trajectory. Read More. Read More.

About Wise

Wise plc provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. Its product portfolio includes international money transfer, wise account, international debit card, amount transfer, receive money, wise platform, business debit card, and mass payment services. The company was formerly known as 456 Newco plc and changed its name to Wise plc in June 2021. Wise plc was founded in 2010 and is based in London, the United Kingdom.