Wise Group (NASDAQ:WSE) Upgraded at Barclays

Wise Group (NASDAQ:WSE) was upgraded by equities researchers at Barclays to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other research firms have also weighed in on WSE. JPMorgan Chase & Co. started coverage on shares of Wise Group in a research note on Monday. They issued an “overweight” rating and a $17.50 price objective on the stock. Weiss Ratings upgraded shares of Wise Group from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. Wall Street Zen raised shares of Wise Group from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. UBS Group initiated coverage on Wise Group in a research report on Friday, May 29th. They set a “buy” rating and a $16.00 price target on the stock. Finally, BNP Paribas Exane started coverage on Wise Group in a research note on Monday, June 1st. They set an “outperform” rating and a $16.69 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $16.57.

Wise Group Stock Down 1.1%

WSE opened at $12.89 on Tuesday. Wise Group has a 12-month low of $10.36 and a 12-month high of $17.47. The stock’s 50 day simple moving average is $11.98.