Worldpay Group PLC (LON:WPG) had its target price increased by equities researchers at Credit Suisse Group from GBX 330 ($4.27) to GBX 450 ($5.83) in a research report issued on Thursday. The brokerage currently has an “outperform” rating on the stock. Credit Suisse Group’s target price points to a potential upside of 22.15% from the company’s current price.
Several other equities analysts have also recently weighed in on the stock. Barclays PLC reaffirmed an “overweight” rating and set a GBX 315 ($4.08) price target on shares of Worldpay Group PLC in a research note on Tuesday, May 9th. Macquarie cut shares of Worldpay Group PLC to a “neutral” rating and raised their price target for the stock from GBX 293 ($3.80) to GBX 319 ($4.13) in a research note on Wednesday, April 19th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a GBX 400 ($5.18) price target on shares of Worldpay Group PLC in a research note on Thursday, April 6th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 327 ($4.24) price target on shares of Worldpay Group PLC in a research note on Wednesday, March 15th. Finally, Bryan, Garnier & Co reaffirmed a “neutral” rating and set a GBX 278 ($3.60) price target on shares of Worldpay Group PLC in a research note on Wednesday, March 8th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 350.18 ($4.54).
Shares of Worldpay Group PLC (LON:WPG) opened at 369.70 on Thursday. Worldpay Group PLC has a 52-week low of GBX 255.70 and a 52-week high of GBX 435.20. The firm has a 50-day moving average of GBX 315.26 and a 200 day moving average of GBX 292.62. The company’s market capitalization is GBX 7.35 billion.
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About Worldpay Group PLC
Worldpay Group plc is a United Kingdom-based company, which provides a range of technology-led payment products and services. The Company operates through four segments: Global eCom, WPUK, WPUS and Corporate. Global eCom provides a range of payment services, both online and by mobile, to accept, validate and settle payments in approximately 126 currencies across 146 countries, using any one of over 300 payment methods.
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