Wise Group plc (NASDAQ:WSE) Given Consensus Recommendation of “Buy” by Brokerages

Wise Group plc (NASDAQ:WSE) has received an average recommendation of “Buy” from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $16.5225.

Several research firms have recently weighed in on WSE. Wall Street Zen upgraded shares of Wise Group from a “sell” rating to a “hold” rating in a research note on Saturday, June 27th. The Goldman Sachs Group upgraded Wise Group to a “strong-buy” rating in a report on Tuesday, May 12th. UBS Group began coverage on Wise Group in a research report on Friday, May 29th. They set a “buy” rating and a $16.00 price target on the stock. JPMorgan Chase & Co. lowered their price target on Wise Group from $17.50 to $17.30 and set an “overweight” rating on the stock in a research report on Friday. Finally, Barclays raised Wise Group to a “strong-buy” rating in a research report on Tuesday, July 7th.

Wise Group Stock Down 1.8%

Shares of WSE stock opened at $12.39 on Tuesday. The company has a fifty day moving average price of $12.11. Wise Group has a one year low of $10.36 and a one year high of $17.47.