Wise (LON:WISE) Given “Buy” Rating at Jefferies Financial Group

Wise (LON:WISE)‘s stock had its “buy” rating reissued by stock analysts at Jefferies Financial Group in a report released on Monday, Marketbeat.com reports. They currently have a GBX 1,123 ($13.87) price objective on the stock. Jefferies Financial Group’s target price points to a potential upside of 39.59% from the company’s previous close.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,140 ($14.08) target price on shares of Wise in a research note on Wednesday, April 17th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Wise currently has an average rating of “Hold” and a consensus target price of GBX 896.20 ($11.07).

Wise Stock Up 0.4 %

Wise stock opened at GBX 804.50 ($9.94) on Monday. The company has a 50 day moving average of GBX 900.45 and a 200-day moving average of GBX 824.76. 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 twelve month low of GBX 513.20 ($6.34) and a twelve month high of GBX 997.50 ($12.32). The stock has a market capitalization of £8.21 billion, a PE ratio of 3,830.95, a price-to-earnings-growth ratio of 1.64 and a beta of 0.67.

Insider Buying and Selling

In related news, insider Terri Duhon acquired 308 shares of the business’s stock in a transaction dated Friday, April 19th. The stock was bought at an average price of GBX 811 ($10.02) per share, with a total value of £2,497.88 ($3,085.33). In related news, insider Terri Duhon purchased 308 shares of the firm’s stock in a transaction that occurred on Friday, April 19th. The shares were acquired at an average price of GBX 811 ($10.02) per share, for a total transaction of £2,497.88 ($3,085.33). Also, insider Matthew Briers sold 31,664 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of GBX 793 ($9.79), for a total transaction of £251,095.52 ($310,147.63). 28.57% of the stock is currently owned by corporate insiders.

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.