Worldpay Group PLC (WPG) Stock Rating Reaffirmed by Credit Suisse Group AG
Worldpay Group PLC (LON:WPG)‘s stock had its “outperform” rating reissued by investment analysts at Credit Suisse Group AG in a research note issued on Monday. They currently have a GBX 330 ($4.12) target price on the stock. Credit Suisse Group AG’s target price would indicate a potential upside of 24.76% from the company’s previous close.
Other analysts have also issued reports about the stock. BNP Paribas reissued a “neutral” rating and issued a GBX 290 ($3.62) price target on shares of Worldpay Group PLC in a research report on Monday, August 22nd. Goldman Sachs Group Inc. increased their price target on shares of Worldpay Group PLC from GBX 350 ($4.37) to GBX 400 ($5.00) and gave the stock a “buy” rating in a research report on Wednesday, August 10th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 280 ($3.50) price target on shares of Worldpay Group PLC in a research report on Wednesday, August 10th. Jefferies Group lowered shares of Worldpay Group PLC to a “hold” rating and reduced their price target for the stock from GBX 340 ($4.25) to GBX 325 ($4.06) in a research report on Thursday, August 11th. Finally, Barclays PLC increased their price target on shares of Worldpay Group PLC from GBX 315 ($3.94) to GBX 350 ($4.37) and gave the stock an “overweight” rating in a research report on Wednesday, August 10th. Five equities 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 presently has an average rating of “Buy” and an average price target of GBX 318.40 ($3.98).
Shares of Worldpay Group PLC (LON:WPG) opened at 264.50 on Monday. The firm’s market capitalization is GBX 5.26 billion. The company has a 50-day moving average of GBX 286.68 and a 200 day moving average of GBX 284.31. Worldpay Group PLC has a 12-month low of GBX 247.60 and a 12-month high of GBX 320.80.
In other Worldpay Group PLC news, insider John Allan sold 743,511 shares of the stock in a transaction that occurred on Monday, October 17th. The stock was sold at an average price of GBX 285 ($3.56), for a total transaction of £2,119,006.35 ($2,647,434.22).
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.
Receive News & Stock Ratings for Worldpay Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Worldpay Group PLC and related stocks with our FREE daily email newsletter.