Wise (LON:WISE) Receives “Sell” Rating from Citigroup

Citigroup reaffirmed their sell rating on shares of Wise (LON:WISE) in a report published on Thursday morning, Marketbeat.com reports.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,045 ($13.19) price target on shares of Wise in a report on Thursday, November 7th.

Wise Stock Performance

Shares of LON WISE opened at GBX 937 ($11.83) on Thursday. The company has a current ratio of 1.06, a quick ratio of 0.06 and a debt-to-equity ratio of 22.88. The business has a fifty day simple moving average of GBX 799.81 and a 200 day simple moving average of GBX 742.15. Wise has a one year low of GBX 558 ($7.04) and a one year high of GBX 997.50 ($12.59). The firm has a market capitalization of £9.56 billion, a price-to-earnings ratio of 2,755.88, a PEG ratio of 1.28 and a beta of 0.75.

About Wise

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.