Wise Group plc (NASDAQ:WSE) Given Average Recommendation of “Moderate Buy” by Brokerages

Wise Group plc (NASDAQ:WSE) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $16.2633.

A number of equities analysts recently weighed in on WSE shares. William Blair initiated coverage on shares of Wise Group in a research note on Monday, May 11th. They issued an “outperform” rating for the company. The Goldman Sachs Group raised Wise Group to a “strong-buy” rating in a report on Tuesday, May 12th. BNP Paribas Exane began coverage on Wise Group in a report on Monday, June 1st. They set an “outperform” rating and a $16.69 price target for the company. Wall Street Zen raised shares of Wise Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 27th. Finally, Weiss Ratings cut Wise Group from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, June 18th.

Wise Group Trading Up 5.1%

NASDAQ:WSE opened at $12.95 on Friday. Wise Group has a fifty-two week low of $10.36 and a fifty-two week high of $17.47.