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

Wise (LON:WISEGet Free Report)‘s stock had its “buy” rating restated by stock analysts at Jefferies Financial Group in a research report issued on Friday,London Stock Exchange reports. They presently have a GBX 1,299 price objective on the stock. Jefferies Financial Group’s target price indicates a potential upside of 33.72% from the stock’s current price.

A number of other equities analysts have also weighed in on the stock. Berenberg Bank boosted their price objective on shares of Wise from GBX 1,330 to GBX 1,350 and gave the company a “buy” rating in a research report on Tuesday, January 20th. JPMorgan Chase & Co. cut their price objective on shares of Wise from GBX 1,385 to GBX 1,225 and set an “overweight” rating for the company in a research report on Wednesday, March 4th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Wise presently has an average rating of “Buy” and a consensus price target of GBX 1,291.33.

Check Out Our Latest Stock Report on WISE

Wise Stock Performance

LON:WISE opened at GBX 971.40 on Friday. The firm has a 50 day simple moving average of GBX 891.89 and a 200-day simple moving average of GBX 916.57. The company has a debt-to-equity ratio of 21.03, a current ratio of 140.08 and a quick ratio of 0.06. The firm has a market cap of £9.72 billion, a PE ratio of 26.26, a P/E/G ratio of 1.28 and a beta of 0.47. Wise has a 1-year low of GBX 793 and a 1-year high of GBX 1,225.

About Wise

(Get Free Report)

Wise plc provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. Its product portfolio includes international money transfer, wise account, international debit card, amount transfer, receive money, wise platform, business debit card, and mass payment services. The company was formerly known as 456 Newco plc and changed its name to Wise plc in June 2021. Wise plc was founded in 2010 and is based in London, the United Kingdom.

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