Wise Group plc (NASDAQ:WSE) Receives Average Recommendation of “Moderate Buy” from Analysts

Wise Group plc (NASDAQ:WSEGet Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $16.3450.

Several brokerages have recently issued reports on WSE. Weiss Ratings initiated coverage on shares of Wise Group in a research note on Friday, May 22nd. They issued a “hold (c+)” rating on the stock. The Goldman Sachs Group upgraded shares of Wise Group to a “strong-buy” rating in a report on Tuesday, May 12th. BNP Paribas Exane started coverage on Wise Group in a research report on Monday. They set an “outperform” rating and a $16.69 price objective for the company. Zacks Research raised Wise Group to a “hold” rating in a research note on Thursday, May 21st. Finally, UBS Group assumed coverage on Wise Group in a report on Friday. They issued a “buy” rating and a $16.00 target price on the stock.

Check Out Our Latest Research Report on WSE

Wise Group Trading Down 9.9%

Wise Group stock traded down $1.26 during midday trading on Monday, hitting $11.51. The company’s stock had a trading volume of 987,650 shares, compared to its average volume of 1,359,683. Wise Group has a 12 month low of $11.03 and a 12 month high of $17.47.

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Analyst Recommendations for Wise Group (NASDAQ:WSE)

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