Brokerages Set Wise Group plc (NASDAQ:WSE) Price Target at $16.35

Wise Group plc (NASDAQ:WSE) has been assigned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $16.3450.

WSE has been the topic of several recent research reports. William Blair initiated coverage on shares of Wise Group in a research report on Monday, May 11th. They set an “outperform” rating on the stock. The Goldman Sachs Group raised shares of Wise Group to a “strong-buy” rating in a research note on Tuesday, May 12th. UBS Group initiated coverage on shares of Wise Group in a research note on Friday, May 29th. They set a “buy” rating and a $16.00 target price for the company. Weiss Ratings initiated coverage on shares of Wise Group in a research note on Friday, May 22nd. They set a “hold (c+)” rating for the company. Finally, Wall Street Zen raised shares of Wise Group to a “sell” rating in a research note on Saturday.

Wise Group Stock Performance

Shares of WSE stock opened at $11.19 on Monday. Wise Group has a twelve month low of $10.71 and a twelve month high of $17.47.