Worldpay Group PLC (WPG) PT Raised to GBX 450 at Credit Suisse Group

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.

Analyst Recommendations for Worldpay Group PLC (LON:WPG)

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