Brokerages Set Wise plc (LON:WISE) PT at GBX 896.20

Shares of Wise plc (LON:WISE - Get Free Report) have earned a consensus rating of "Hold" from the six analysts that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 896.20 ($11.26).

A number of research firms have weighed in on WISE. Royal Bank of Canada reissued a "sell" rating on shares of Wise in a report on Wednesday. Berenberg Bank reissued a "buy" rating and issued a GBX 1,140 ($14.32) price target on shares of Wise in a research report on Wednesday, April 17th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 1,123 ($14.10) price objective on shares of Wise in a report on Monday, April 22nd.

Wise Stock Up 0.4 %

Shares of LON:WISE traded up GBX 3.39 ($0.04) during trading hours on Wednesday, reaching GBX 791.39 ($9.94). The stock had a trading volume of 732,931 shares, compared to its average volume of 1,154,244. Wise has a 1 year low of GBX 513.20 ($6.45) and a 1 year high of GBX 997.50 ($12.53). The firm's 50 day moving average is GBX 875.65 and its 200-day moving average is GBX 835.50. The stock has a market capitalization of £8.07 billion, a price-to-earnings ratio of 3,768.54, a P/E/G ratio of 1.36 and a beta of 0.72. The company has a debt-to-equity ratio of 41.95, a quick ratio of 0.06 and a current ratio of 1.05.

Insider Activity

In other news, insider Terri Duhon bought 308 shares of the firm's stock in a transaction on Friday, April 19th. The shares were bought at an average cost of GBX 811 ($10.19) per share, for a total transaction of £2,497.88 ($3,137.25). Insiders own 28.61% of the company's stock.

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.