Wise (LON:WISE – Free Report) had its price objective reduced by Berenberg Bank from GBX 1,140 ($14.46) to GBX 1,045 ($13.26) in a report released on Thursday morning, MarketBeat reports. They currently have a buy rating on the stock.
Other research analysts have also recently issued research reports about the company. Jefferies Financial Group reiterated a buy rating and issued a GBX 1,123 ($14.25) target price on shares of Wise in a report on Monday, April 22nd. Royal Bank of Canada reiterated a sell rating on shares of Wise in a report on Wednesday, May 15th. Finally, Citigroup reiterated a sell rating and issued a GBX 660 ($8.37) target price on shares of Wise in a report on Monday. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Wise has an average rating of Hold and an average price target of GBX 897.20 ($11.38).
Read Our Latest Research Report on Wise
Wise Trading Down 0.5 %
Insider Activity
In related news, insider Terri Duhon bought 308 shares of the stock in a transaction dated Friday, April 19th. The stock was bought at an average cost of GBX 811 ($10.29) per share, with a total value of £2,497.88 ($3,168.69). Corporate insiders own 28.61% 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.
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