Wise’s (WISE) Hold Rating Reiterated at Peel Hunt

Peel Hunt reiterated their hold rating on shares of Wise (LON:WISE – Free Report) in a research report released on Friday morning,Digital Look reports. Peel Hunt currently has a GBX 900 target price on the stock.

A number of other brokerages have also weighed in on WISE. JPMorgan Chase & Co. lowered their price target on shares of Wise from GBX 1,320 to GBX 1,300 and set an “overweight” rating for the company in a report on Friday, July 17th. Berenberg Bank reaffirmed a “buy” rating on shares of Wise in a report on Thursday, June 11th. Finally, Jefferies Financial Group decreased their price objective on Wise from GBX 1,299 to GBX 1,239 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Wise currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,197.25.

Get Wise alerts:

Check Out Our Latest Stock Analysis on Wise

Wise Stock Performance

Shares of LON WISE opened at GBX 861 on Friday. Wise has a 1-year low of GBX 754 and a 1-year high of GBX 1,164. The company has a market cap of £8.50 billion, a PE ratio of 17.78, a P/E/G ratio of 1.28 and a beta of 0.52. The company has a current ratio of 1,467.09, a quick ratio of 0.06 and a debt-to-equity ratio of 25.12. The company has a 50-day moving average of GBX 890.90 and a two-hundred day moving average of GBX 918.54.

Wise Company Profile

(Get Free Report)

Wise plc provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. Its product portfolio includes international money transfer, wise account, international debit card, amount transfer, receive money, wise platform, business debit card, and mass payment services. The company was formerly known as 456 Newco plc and changed its name to Wise plc in June 2021. Wise plc was founded in 2010 and is based in London, the United Kingdom.

Further Reading

• Five stocks we like better than Wise
• RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
• These 4 Earnings Reports Expose the Market’s Growing Economic Divide
• Broadcom May Be the Biggest Winner From Alphabet’s Earnings
• Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit

Receive News & Ratings for Wise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wise and related companies with MarketBeat.com's FREE daily email newsletter.