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Berenberg Bank Reiterates Buy Rating for Wise (LON:WISE)

Wise logo with Computer and Technology background

Wise (LON:WISE - Get Free Report)'s stock had its "buy" rating reissued by analysts at Berenberg Bank in a research report issued on Tuesday, MarketBeat.com reports. They currently have a GBX 1,240 ($16.49) price objective on the stock. Berenberg Bank's target price indicates a potential upside of 28.83% from the stock's previous close.

Wise Price Performance

WISE stock traded down GBX 5.50 ($0.07) on Tuesday, reaching GBX 962.50 ($12.80). The company had a trading volume of 912,821 shares, compared to its average volume of 9,998,747. The company has a debt-to-equity ratio of 22.88, a quick ratio of 0.06 and a current ratio of 1.06. The company has a market cap of £9.81 billion, a P/E ratio of 29.10, a PEG ratio of 1.28 and a beta of 0.75. Wise has a 1 year low of GBX 558 ($7.42) and a 1 year high of GBX 1,140 ($15.16). The company's fifty day moving average is GBX 964.97 and its 200 day moving average is GBX 935.83.

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.

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