Wirecard (ETR:WDI) has been assigned a €128.00 ($148.84) price objective by equities researchers at Independent Research in a note issued to investors on Thursday. The brokerage presently has a “sell” rating on the stock. Independent Research’s price target would suggest a potential downside of 13.86% from the company’s previous close.
A number of other equities analysts have also recently commented on the company. Goldman Sachs Group set a €250.00 ($290.70) target price on Wirecard and gave the stock a “buy” rating in a report on Friday, September 14th. Credit Suisse Group set a €200.00 ($232.56) target price on Wirecard and gave the stock a “neutral” rating in a report on Friday, September 28th. Barclays set a €145.00 ($168.60) target price on Wirecard and gave the stock a “buy” rating in a report on Friday, August 17th. UBS Group set a €159.00 ($184.88) target price on Wirecard and gave the stock a “buy” rating in a report on Thursday, August 16th. Finally, Deutsche Bank set a €190.00 ($220.93) target price on Wirecard and gave the stock a “neutral” rating in a report on Friday, August 17th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and fifteen have given a buy rating to the company’s stock. Wirecard has a consensus rating of “Buy” and an average price target of €191.35 ($222.50).
Wirecard stock traded down €8.40 ($9.77) during trading on Thursday, reaching €148.60 ($172.79). The company had a trading volume of 542,855 shares, compared to its average volume of 582,572. Wirecard has a 52 week low of €47.90 ($55.70) and a 52 week high of €111.00 ($129.07).
Wirecard AG, a technology company, provides outsourcing and white label solutions for electronic payment transactions worldwide. The company operates through three segments: Payment Processing & Risk Management, Acquiring & Issuing, and Call Center & Communication Services. The Payment Processing & Risk Management segment provides products and service for the acceptance or transactions, and the processing of electronic payments and associated processes.
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