Wise (LON:WISE) Earns Buy Rating from Jefferies Financial Group

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

Separately, Berenberg Bank reaffirmed a buy rating and set a GBX 1,140 ($14.08) target price on shares of Wise in a report on Wednesday, April 17th. One investment analyst has rated the stock with a sell rating, one has given 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 an average price target of GBX 896.20 ($11.07).

Wise Stock Performance

LON:WISE opened at GBX 793 ($9.79) on Monday. 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 fifty day moving average of GBX 899.66 and a two-hundred day moving average of GBX 824.54. The stock has a market capitalization of £8.09 billion, a PE ratio of 3,776.19, a P/E/G ratio of 1.64 and a beta of 0.67. Wise has a fifty-two week low of GBX 513.20 ($6.34) and a fifty-two week high of GBX 997.50 ($12.32).

Insider Transactions at Wise

In other news, insider Terri Duhon acquired 308 shares of the company’s stock in a transaction that occurred on Friday, April 19th. The stock was purchased at an average price of GBX 811 ($10.02) per share, with a total value of £2,497.88 ($3,085.33). In other news, insider Terri Duhon acquired 308 shares of the company’s stock in a transaction that occurred on Friday, April 19th. The stock was purchased at an average price of GBX 811 ($10.02) per share, with a total value of £2,497.88 ($3,085.33). Also, 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 ($9.79), for a total transaction of £251,095.52 ($310,147.63). Insiders own 28.57% of the company’s stock.

About Wise

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.