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

Wise (LON:WISE – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a report released on Monday,Digital Look reports. They currently have a GBX 1,299 price objective on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 56.13% from the stock’s previous close.

Several other analysts have also recently weighed in on the stock. Berenberg Bank reaffirmed a “buy” rating on shares of Wise in a report on Thursday, June 11th. JPMorgan Chase & Co. raised their price objective on shares of Wise from GBX 1,225 to GBX 1,260 and gave the company an “overweight” rating in a report on Friday, April 17th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Wise currently has a consensus rating of “Buy” and a consensus target price of GBX 1,303.

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Wise Stock Performance

Shares of WISE opened at GBX 832 on Monday. The stock has a 50-day simple moving average of GBX 955.66 and a 200-day simple moving average of GBX 911.99. The company has a debt-to-equity ratio of 21.03, a quick ratio of 0.06 and a current ratio of 140.08. The stock has a market capitalization of £8.32 billion, a PE ratio of 22.49, a PEG ratio of 1.28 and a beta of 0.52. Wise has a 1 year low of GBX 754 and a 1 year high of GBX 1,164.

About Wise

(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.

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