Wise (LON:WISE) Stock Rating Reaffirmed by Jefferies Financial Group

Wise (LON:WISE)‘s stock had its “buy” rating restated by equities researchers at Jefferies Financial Group in a research note issued on Monday, Marketbeat Ratings reports. They currently have a GBX 1,123 ($13.87) price objective on the stock. Jefferies Financial Group’s price objective points to a potential upside of 39.59% from the company’s current price.

Separately, Berenberg Bank restated 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 research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of GBX 896.20 ($11.07).

Wise Trading Up 0.4 %

WISE opened at GBX 804.50 ($9.94) on Monday. Wise has a 12 month low of GBX 513.20 ($6.34) and a 12 month high of GBX 997.50 ($12.32). The stock has a fifty day moving average price of GBX 900.45 and a 200-day moving average price of GBX 824.76. The firm has a market cap of £8.21 billion, a price-to-earnings ratio of 3,830.95, a PEG ratio of 1.64 and a beta of 0.67. The company has a current ratio of 1.05, a quick ratio of 0.06 and a debt-to-equity ratio of 41.95.

Insider Buying and Selling at Wise

In other 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 ($9.79), for a total value of £251,095.52 ($310,147.63). In other Wise news, insider Terri Duhon bought 308 shares of the business’s stock in a transaction that occurred on Friday, April 19th. The shares were purchased at an average cost of GBX 811 ($10.02) per share, with a total value 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 shares were sold at an average price of GBX 793 ($9.79), for a total transaction of £251,095.52 ($310,147.63). Company 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.