Wise plc (LON:WISE) Receives GBX 896.20 Consensus Price Target from Analysts

Wise plc (LON:WISE) has received an average rating of “Hold” from the six research firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 896.20 ($11.26).

Several equities research analysts recently commented on the stock. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,123 ($14.10) target price on shares of Wise in a research report on Monday, April 22nd. Berenberg Bank reiterated a “buy” rating and set a GBX 1,140 ($14.32) target price on shares of Wise in a research report on Wednesday, April 17th. Finally, Royal Bank of Canada reiterated a “sell” rating on shares of Wise in a research report on Wednesday.

Wise Trading Up 0.8 %

Shares of Wise stock opened at GBX 793 ($9.96) on Wednesday. The firm has a market capitalization of £8.09 billion, a PE ratio of 3,776.19, a price-to-earnings-growth ratio of 1.36 and a beta of 0.72. 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 firm’s 50 day moving average is GBX 868.91 and its 200 day moving average is GBX 835.78. Wise has a 1 year low of GBX 513.20 ($6.45) and a 1 year high of GBX 997.50 ($12.53).

Insider Buying and Selling at Wise

In other Wise news, insider Terri Duhon purchased 308 shares of the firm’s stock in a transaction on Friday, April 19th. The stock was acquired at an average price of GBX 811 ($10.19) per share, for a total transaction of £2,497.88 ($3,137.25). 28.61% of the stock is currently owned by company insiders.

About Wise

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.