Worldpay Group PLC (WPG) Stock Rating Reaffirmed by Barclays PLC
Worldpay Group PLC (LON:WPG)‘s stock had its “overweight” rating reiterated by research analysts at Barclays PLC in a report issued on Monday. They presently have a GBX 350 ($4.27) price objective on the stock. Barclays PLC’s price objective points to a potential upside of 21.53% from the stock’s previous close.
A number of other research analysts also recently weighed in on the stock. Bryan, Garnier & Co restated a “neutral” rating and set a GBX 278 ($3.39) price objective on shares of Worldpay Group PLC in a research report on Friday, September 30th. BNP Paribas restated a “neutral” rating and set a GBX 290 ($3.53) price objective on shares of Worldpay Group PLC in a research report on Monday, August 22nd. Jefferies Group downgraded shares of Worldpay Group PLC to a “hold” rating and lowered their price objective for the company from GBX 340 ($4.14) to GBX 325 ($3.96) in a research report on Thursday, August 11th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 280 ($3.41) price objective on shares of Worldpay Group PLC in a research report on Wednesday, August 10th. Finally, Goldman Sachs Group Inc. increased their price objective on shares of Worldpay Group PLC from GBX 350 ($4.27) to GBX 400 ($4.88) and gave the company a “buy” rating in a research report on Wednesday, August 10th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Worldpay Group PLC has a consensus rating of “Buy” and a consensus price target of GBX 315.40 ($3.84).
Worldpay Group PLC (LON:WPG) opened at 289.40 on Monday. The company’s market capitalization is GBX 5.76 billion. The firm has a 50-day moving average of GBX 295.61 and a 200 day moving average of GBX 283.13. Worldpay Group PLC has a one year low of GBX 247.60 and a one year high of GBX 320.80.
The company also recently disclosed a dividend, which was paid on Tuesday, October 18th. Stockholders of record on Thursday, September 15th were paid a GBX 0.65 ($0.01) dividend. The ex-dividend date was Thursday, September 15th. This represents a dividend yield of 0.21%.
In other news, insider John Allan sold 743,511 shares of the stock in a transaction on Monday, October 17th. The shares were sold at an average price of GBX 285 ($3.47), for a total value of £2,119,006.35 ($2,582,579.34).
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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