5 Best 52-week Low Technology Stocks To Buy According To Analysts

In this article, we will list the 5 Best 52-week Low Technology Stocks To Buy According To Analysts. Please visit the 10 Best 52-week Low Technology Stocks to Buy According to Analysts if you’d like to see an extended list and how we came up with the list of best 52-week tech stocks.

5. Wise Group PLC (NASDAQ:WSE)

Potential Upside: 51.6%

According to a report released on June 11, Berenberg Bank analyst Alex Short reiterated a Buy rating on Wise Group PLC (NASDAQ:WSE) while cutting its price target. The analyst lowered the firm’s price target on the stock from $17.8 to $16.9.  The revised price target reflects an additional 55% upside from current levels.

Similarly, on June 4, Hannes Leitner, an analyst at Jefferies, maintained a Buy rating on Wise Group PLC (NASDAQ:WSE) and set a target price of $17.39. The analyst reiterated a Buy rating as he believes the company’s business remained strong despite trading near 52-week lows. After visiting the company’s headquarters, he concluded that the recent volatility in the stock price is due to short-term market concerns, while the company’s performance remained healthy. The analyst noted that the company attracted more customers, and usage trends continued to grow. Overall, the analyst was impressed by the growing success of Wise Platforms, which supported the company’s long-term growth.

Wise Group (NASDAQ:WSE) is a global payments solutions company that offers cross-border and domestic payment services to banks and customers. The company’s services include Wise account, Wise platform, international money transfers, an international debit card, and more.