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

Wise (LON:WISE - Get Free Report)'s stock had its "buy" rating reiterated by equities research analysts at Jefferies Financial Group in a research note issued on Monday, MarketBeat Ratings reports. They presently have a GBX 1,123 ($13.87) price target on the stock. Jefferies Financial Group's price objective points to a potential upside of 40.20% from the stock's previous close.

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 1,140 ($14.08) price objective on shares of Wise in a research note on Wednesday, April 17th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of GBX 896.20 ($11.07).

Wise Stock Performance

WISE traded down GBX 7 ($0.09) during trading on Monday, hitting GBX 801 ($9.89). The company's stock had a trading volume of 1,266,354 shares, compared to its average volume of 1,173,594. The company has a quick ratio of 0.06, a current ratio of 1.05 and a debt-to-equity ratio of 41.95. Wise has a one year low of GBX 513.20 ($6.34) and a one year high of GBX 997.50 ($12.32). The firm has a market cap of £8.17 billion, a PE ratio of 3,826.19, a P/E/G ratio of 1.64 and a beta of 0.67. The business's 50 day simple moving average is GBX 901.85 and its 200-day simple moving average is GBX 823.09.

Insider Transactions at Wise

In related news, insider Terri Duhon bought 308 shares of the business's stock in a transaction that occurred on Friday, April 19th. The stock was bought at an average cost of GBX 811 ($10.02) per share, with a total value of £2,497.88 ($3,085.33). In related news, insider Matthew Briers sold 31,664 shares of the firm's stock in a transaction on Thursday, February 1st. The shares were 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 that occurred on Friday, April 19th. The shares were bought at an average cost of GBX 811 ($10.02) per share, with a total value of £2,497.88 ($3,085.33). Corporate 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.