A diversification away from Wise PLC (LSE:WISE)'s core foreign exchange offerings will “drive the next leg of growth”, Barclays analysts said in a Tuesday research note. Analysts upgraded the London-listed financial technology group, noting this diversification strategy “offers sufficient levers to continue growth” of more than 20% in the mid-term at a roughly 25% margin.
A diversification away from Wise PLC (LSE:WISE)'s core foreign exchange offerings will “drive the next leg of growth”, Barclays analysts said in a Tuesday research note. Analysts upgraded the London-listed financial technology group, noting this diversification strategy “offers sufficient levers to continue growth” of more than 20% in the mid-term at a roughly 25% margin.