Wise’s (WISE) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Wise (LON:WISE) in a research note released on Wednesday morning, Marketbeat.com reports. They currently have a GBX 1,140 ($14.19) price objective on the stock.

Separately, Jefferies Financial Group reaffirmed a buy rating and set a GBX 1,123 ($13.98) price target on shares of Wise in a research note on Thursday, April 11th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of Hold and a consensus price target of GBX 896.20 ($11.16).

Wise Price Performance

WISE stock opened at GBX 808 ($10.06) on Wednesday. Wise has a one year low of GBX 513.20 ($6.39) and a one year high of GBX 997.50 ($12.42). The company’s fifty day moving average price is GBX 901.85 and its 200-day moving average price is GBX 821. 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 market capitalization of £8.24 billion, a PE ratio of 3,847.62, a price-to-earnings-growth ratio of 1.64 and a beta of 0.67.

Insider Transactions at Wise

In other news, insider Matthew Briers sold 31,664 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of GBX 793 ($9.87), for a total value of £251,095.52 ($312,580.01). Company insiders own 28.57% of the company’s stock.

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.