Wise Group (NASDAQ:WSE) Earns Buy Rating from Analysts at UBS Group

UBS Group initiated coverage on shares of Wise Group (NASDAQ:WSE) in a report released on Friday, Marketbeat reports. The brokerage set a “buy” rating and a $16.00 price target on the stock. UBS Group’s price target would suggest a potential upside of 24.85% from the company’s previous close.

A number of other research firms have also recently weighed in on WSE. Zacks Research raised Wise Group to a “hold” rating in a report on Thursday, May 21st. The Goldman Sachs Group raised Wise Group to a “strong-buy” rating in a research note on Tuesday, May 12th. William Blair started coverage on Wise Group in a report on Monday, May 11th. They set an “outperform” rating on the stock. Finally, Weiss Ratings started coverage on Wise Group in a research note on Friday, May 22nd. They issued a “hold (c+)” rating for the company. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $16.00.

Wise Group Trading Up 2.8%

Shares of NASDAQ:WSE traded up $0.35 during trading on Friday, reaching $12.82. The stock had a trading volume of 95,037 shares, compared to its average volume of 1,332,233. Wise Group has a 52 week low of $12.03 and a 52 week high of $17.47.