Analysts Set Wise Group plc (NASDAQ:WSE) Price Target at $16.52

Wise Group plc (NASDAQ:WSE) has been given an average recommendation of “Buy” by the nine brokerages that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $16.5225.

A number of analysts have recently weighed in on the stock. Zacks Research raised shares of Wise Group to a “hold” rating in a research note on Thursday, May 21st. Wall Street Zen raised shares of Wise Group from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. Barclays raised shares of Wise Group to a “strong-buy” rating in a research note on Tuesday, July 7th. The Goldman Sachs Group upgraded shares of Wise Group to a “strong-buy” rating in a report on Tuesday, May 12th. Finally, Morgan Stanley started coverage on shares of Wise Group in a research note on Monday, June 29th. They set an “equal weight” rating and a $16.10 target price for the company.

Wise Group Trading Down 2.2%

WSE opened at $12.08 on Tuesday. The company’s 50 day simple moving average is $12.02. Wise Group has a twelve month low of $10.36 and a twelve month high of $17.47.