Wise (LON:WISE) Price Target Lowered to GBX 1,300 at JPMorgan Chase & Co.

Wise (LON:WISE) had its target price reduced by JPMorgan Chase & Co. from GBX 1,320 to GBX 1,300 in a report published on Friday, Marketbeat reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Berenberg Bank restated a “buy” rating on shares of Wise in a research report on Thursday, June 11th. Jefferies Financial Group lowered their price objective on shares of Wise from GBX 1,299 to GBX 1,239 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Wise currently has a consensus rating of “Buy” and an average target price of GBX 1,296.33.

Wise Price Performance

WISE stock opened at GBX 943 on Friday. The company has a current ratio of 1,467.09, a quick ratio of 0.06 and a debt-to-equity ratio of 25.12. Wise has a one year low of GBX 754 and a one year high of GBX 1,164. The firm has a market capitalization of £9.31 billion, a PE ratio of 19.47, a P/E/G ratio of 1.28 and a beta of 0.52. The firm has a 50-day moving average of GBX 901.24 and a two-hundred day moving average of GBX 917.43.

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.