In a report released yesterday, Alex Short from Berenberg Bank reiterated a Buy rating on Wise PLC Class A, with a price target of p1,270.00. The company’s shares closed today at p1,038.00.
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According to TipRanks, Short is a 3-star analyst with an average return of 6.6% and a 63.33% success rate. Short covers the Technology sector, focusing on stocks such as Wise PLC Class A, GB Group plc, and Softcat.
Wise PLC Class A has an analyst consensus of Moderate Buy, with a price target consensus of p1,265.67, representing a 21.93% upside. In a report released today, Jefferies also maintained a Buy rating on the stock with a p1,231.00 price target.
WISE market cap is currently £14.36B and has a P/E ratio of 26.30.
Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WISE in relation to earlier this year.
Read More on GB:WISE:
- Wise PLC Executives Manage Equity Transactions and Liabilities
- Positive Outlook for Wise PLC Amid Consistent Customer Growth and Strategic Wins
- Wise PLC Reports Strong Start to Fiscal Year with Significant Growth and Strategic Initiatives
- Wise PLC Class A: Strategic US Listing and Operational Growth Drive Buy Rating
- Positive Momentum and Customer Growth Drive Buy Rating for Wise PLC