Berenberg Bank Forecasts Strong Price Appreciation for Wise (LON:WISE) Stock

Wise (LON:WISE) had its price objective hoisted by analysts at Berenberg Bank from GBX 1,330 to GBX 1,350 in a research note issued on Tuesday, Marketbeat reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 37.31% from the stock’s current price.

Separately, JPMorgan Chase & Co. reduced their price target on shares of Wise from GBX 1,380 to GBX 1,375 and set an “overweight” rating on the stock in a report on Tuesday, November 11th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of GBX 1,362.50.

Wise Stock Performance

Shares of WISE stock opened at GBX 983.17 on Tuesday. The firm has a market cap of £9.84 billion, a price-to-earnings ratio of 26.58, a PEG ratio of 1.28 and a beta of 0.75. The company has a debt-to-equity ratio of 22.88, a quick ratio of 0.06 and a current ratio of 1.06. Wise has a 1 year low of GBX 793 and a 1 year high of GBX 1,225. The stock’s 50-day moving average is GBX 877.76 and its two-hundred day moving average is GBX 982.67.

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

Key Stories Impacting Wise

Here are the key news stories impacting Wise this week:

• Positive Sentiment: Berenberg raised its price target for Wise from GBX 1,330 to GBX 1,350 and reaffirmed a “buy” rating — a direct analyst endorsement that increases visible upside and can attract institutional interest. Berenberg price-target raise
• Positive Sentiment: Bloomberg reports Wise is on track for a US–UK dual listing while income rose ~21%, and management gave upbeat guidance — a dual listing would likely expand the shareholder base and liquidity, supporting a higher multiple. Wise on track for US-UK dual listing as income rises 21
• Neutral Sentiment: Follow-up coverage (AmericanBankingNews) examines the recent price jump and near-term scenarios — useful for short-term traders but largely commentary rather than new fundamental news. Wise (LON:WISE) Stock Price Up 12.6% – What’s Next?

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.