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

Wise (LON:WISE)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Financial Group in a research report issued on Thursday, LSE.Co.UK reports. They currently have a GBX 1,123 ($14.21) target price on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 18.21% from the stock’s previous close.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,140 ($14.43) target price on shares of Wise in a research note on Tuesday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of GBX 896.20 ($11.34).

Wise Stock Down 1.3 %

Shares of WISE traded down GBX 13 ($0.16) on Thursday, reaching GBX 950 ($12.02). The stock had a trading volume of 168,907 shares, compared to its average volume of 1,115,881. The firm has a market capitalization of £9.69 billion, a price-to-earnings ratio of 4,526.19, a price-to-earnings-growth ratio of 1.64 and a beta of 0.67. The company has a debt-to-equity ratio of 41.95, a quick ratio of 0.06 and a current ratio of 1.05. The company has a 50-day simple moving average of GBX 896.17 and a 200-day simple moving average of GBX 812.01. Wise has a 12-month low of GBX 490 ($6.20) and a 12-month high of GBX 997.50 ($12.62).

Insiders Place Their Bets

In other Wise news, insider Matthew Briers sold 31,664 shares of Wise stock in a transaction on Thursday, February 1st. The stock was sold at an average price of GBX 793 ($10.04), for a total value of £251,095.52 ($317,802.20). In related news, insider Matthew Briers sold 31,664 shares of Wise stock in a transaction on Thursday, February 1st. The stock was sold at an average price of GBX 793 ($10.04), for a total value of £251,095.52 ($317,802.20). Also, insider Terri Duhon acquired 119 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The stock was purchased at an average cost of GBX 839 ($10.62) per share, with a total value of £998.41 ($1,263.65). Corporate insiders own 28.57% 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.