Wise Group plc (NASDAQ:WSE) Given Consensus Rating of “Buy” by Brokerages

Shares of Wise Group plc (NASDAQ:WSE) have been given an average rating of “Buy” by the nine analysts that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $16.5225.

A number of research firms have weighed in on WSE. The Goldman Sachs Group raised Wise Group to a “strong-buy” rating in a research report on Tuesday, May 12th. Morgan Stanley initiated coverage on shares of Wise Group in a research note on Monday, June 29th. They issued an “equal weight” rating and a $16.10 price target on the stock. Zacks Research raised shares of Wise Group to a “hold” rating in a research report on Thursday, May 21st. Weiss Ratings upgraded shares of Wise Group from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, July 2nd. Finally, William Blair began coverage on Wise Group in a report on Monday, May 11th. They issued an “outperform” rating for the company.

Wise Group Stock Performance

Shares of Wise Group stock opened at $12.39 on Tuesday. The firm has a 50-day moving average price of $12.11. Wise Group has a one year low of $10.36 and a one year high of $17.47.