Citigroup Reaffirms “Sell” Rating for Wise (LON:WISE)

Wise (LON:WISE)‘s stock had its “sell” rating reissued by equities research analysts at Citigroup in a research note issued to investors on Thursday, Marketbeat.com reports.

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

Wise Price Performance

Shares of WISE stock opened at GBX 937 ($11.83) on Thursday. The company has a quick ratio of 0.06, a current ratio of 1.06 and a debt-to-equity ratio of 22.88. Wise has a 12-month low of GBX 558 ($7.04) and a 12-month high of GBX 997.50 ($12.59). The firm has a fifty day moving average of GBX 799.81 and a 200-day moving average of GBX 742.56. The firm has a market capitalization of £9.56 billion, a price-to-earnings ratio of 2,755.88, a price-to-earnings-growth ratio of 1.28 and a beta of 0.75.

Wise Company Profile

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.