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

Jefferies Financial Group restated their buy rating on shares of Wise (LON:WISE) in a report released on Monday, Marketbeat Ratings reports. Jefferies Financial Group currently has a GBX 1,123 ($13.87) price target on the stock.

Separately, Berenberg Bank reissued a buy rating and issued a GBX 1,140 ($14.08) price target on shares of Wise in a report on Wednesday, April 17th. One research 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. According to MarketBeat, the company has a consensus rating of Hold and an average price target of GBX 896.20 ($11.07).

Wise Stock Down 1.6 %

WISE opened at GBX 780 ($9.63) on Monday. The company has a 50 day moving average of GBX 898.41 and a 200 day moving average of GBX 824.23. The company has a current ratio of 1.05, a quick ratio of 0.06 and a debt-to-equity ratio of 41.95. Wise has a 12 month low of GBX 513.20 ($6.34) and a 12 month high of GBX 997.50 ($12.32). The company has a market cap of £7.96 billion, a PE ratio of 3,714.29, a price-to-earnings-growth ratio of 1.64 and a beta of 0.67.

Insider Buying and Selling at Wise

In related news, insider Matthew Briers sold 31,664 shares of Wise stock in a transaction on Thursday, February 1st. The shares were 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 firm’s stock in a transaction that occurred on Friday, April 19th. The shares were bought at an average price of GBX 811 ($10.02) per share, for a total transaction of £2,497.88 ($3,085.33). Also, 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 transaction of £251,095.52 ($310,147.63). 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.