Wise (LON:WISE) Price Target Raised to GBX 1,320 at JPMorgan Chase & Co.

Wise (LON:WISE) had its price objective lifted by JPMorgan Chase & Co. from GBX 1,260 to GBX 1,320 in a report released on Monday, Marketbeat Ratings reports. They currently have an overweight rating on the stock.

A number of other equities research analysts also recently issued reports on WISE. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,299 price target on shares of Wise in a research report on Monday, June 22nd. Berenberg Bank reissued a “buy” rating on shares of Wise in a report on Thursday, June 11th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 1,323.

Wise Trading Up 0.9%

Wise stock opened at GBX 978.80 on Monday. The company has a market cap of £9.79 billion, a price-to-earnings ratio of 20.21, a P/E/G ratio of 1.28 and a beta of 0.52. The company has a debt-to-equity ratio of 25.12, a current ratio of 1,467.09 and a quick ratio of 0.06. Wise has a one year low of GBX 754 and a one year high of GBX 1,164. The firm has a 50-day moving average of GBX 920.09 and a 200-day moving average of GBX 913.92.

Wise Company Profile

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.