Wise (LON:WISE) Earns Buy Rating from Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Wise (LON:WISE) in a research report sent to investors on Monday, MarketBeat.com reports. They currently have a GBX 1,123 ($13.87) price target on the stock.

Separately, Berenberg Bank reiterated a buy rating and issued a GBX 1,140 ($14.08) target price on shares of Wise in a research report on Wednesday, April 17th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of Hold and a consensus target price of GBX 896.20 ($11.07).

Wise Price Performance

LON:WISE opened at GBX 801 ($9.89) on Monday. The company has a current ratio of 1.05, a quick ratio of 0.06 and a debt-to-equity ratio of 41.95. The company has a market capitalization of £8.17 billion, a P/E ratio of 3,814.29, a P/E/G ratio of 1.64 and a beta of 0.67. Wise has a 12 month low of GBX 513.20 ($6.34) and a 12 month high of GBX 997.50 ($12.32). The business’s 50-day moving average is GBX 900.87 and its 200 day moving average is GBX 824.01.

Insider Buying and Selling at Wise

In related news, insider Terri Duhon acquired 308 shares of the firm’s stock in a transaction on Friday, April 19th. The shares were acquired at an average cost of GBX 811 ($10.02) per share, for a total transaction of £2,497.88 ($3,085.33). In other news, insider Matthew Briers sold 31,664 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of GBX 793 ($9.79), for a total transaction of £251,095.52 ($310,147.63). Also, insider Terri Duhon bought 308 shares of the business’s stock in a transaction dated Friday, April 19th. The shares were acquired at an average cost of GBX 811 ($10.02) per share, for a total transaction of £2,497.88 ($3,085.33). Company insiders own 28.57% of the company’s stock.

Wise Company Profile

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.