Wise PLC -12.5% potential downside indicated by Barclays

Wise PLC with ticker (LON:WISE) now has a potential downside of -12.5% according to Barclays.



Barclays set a target price of 675 GBX for the company, which when compared to the Wise PLC share price of 771 GBX at opening today (01/08/2023) indicates a potential downside of -12.5%. Trading has ranged between 429 (52 week low) and 779 (52 week high) with an average of 1,565,805 shares exchanging hands daily. The market capitalisation at the time of writing is £7,821,098,189.

Wise PLC is a United Kingdom-based global technology company. The Company’s products include international money transfer, Wise account, International debit card, Travel money card, Large amount transfer, Receive money, Assets, Wise Platform, Wise Business, Business debit card and Mass payments. The International money transfer product offers bank transfers, debit cards, payment initiation service provider (PISP), SWIFT, Apple Pay and Google Pay. The Wise Account is for international people. The Travel money card product offers currency cards for all travel. The Wise travel money card also offers an exchange rate on Google for spending in approximately 53 different currencies. The Wise Platform is used by banks, large businesses and other enterprises. The Wise Platform serves various industries, including banks, technology firms, cloud platforms and others. The Wise Business is for international businesses.