Jefferies Financial Group Reaffirms Buy Rating for Wise (LON:WISE)

Jefferies Financial Group restated their buy rating on shares of Wise (LON:WISE) in a research note released on Thursday morning, MarketBeat.com reports. Jefferies Financial Group currently has a GBX 1,123 ($14.21) price objective on the stock.

Separately, Berenberg Bank reissued a buy rating and issued a GBX 1,140 ($14.43) price target on shares of Wise in a research report on Tuesday, April 9th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Wise currently has an average rating of Hold and a consensus price target of GBX 896.20 ($11.34).

Wise Trading Down 1.1 %

Shares of Wise stock opened at GBX 946 ($11.97) on Thursday. The stock has a market capitalization of £9.65 billion, a PE ratio of 4,504.76, a price-to-earnings-growth ratio of 1.64 and a beta of 0.67. Wise has a 52 week low of GBX 490 ($6.20) and a 52 week high of GBX 997.50 ($12.62). The stock has a 50 day moving average price of GBX 901.59 and a two-hundred day moving average price of GBX 816.03. The company has a debt-to-equity ratio of 41.95, a quick ratio of 0.06 and a current ratio of 1.05.

Insider Buying and Selling at Wise

In related news, insider Matthew Briers sold 31,664 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of GBX 793 ($10.04), for a total transaction of £251,095.52 ($317,802.20). In related news, insider Terri Duhon bought 119 shares of Wise stock in a transaction on Tuesday, January 16th. The stock was acquired at an average price of GBX 839 ($10.62) per share, with a total value of £998.41 ($1,263.65). Also, insider Matthew Briers sold 31,664 shares of the stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of GBX 793 ($10.04), for a total transaction of £251,095.52 ($317,802.20). 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.