Worldpay Group PLC (WPG) Rating Reiterated by JPMorgan Chase & Co.
Worldpay Group PLC (LON:WPG)‘s stock had its “neutral” rating reiterated by stock analysts at JPMorgan Chase & Co. in a research note issued on Monday. They presently have a GBX 280 ($3.47) price target on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 3.13% from the company’s previous close.
WPG has been the topic of several other reports. BNP Paribas reiterated a “neutral” rating and set a GBX 280 ($3.47) price objective on shares of Worldpay Group PLC in a research report on Wednesday, August 10th. Goldman Sachs Group Inc. lifted their target price on shares of Worldpay Group PLC from GBX 350 ($4.34) to GBX 400 ($4.96) and gave the company a “buy” rating in a research note on Wednesday, August 10th. Barclays PLC lifted their target price on shares of Worldpay Group PLC from GBX 315 ($3.91) to GBX 350 ($4.34) and gave the company an “overweight” rating in a research note on Wednesday, August 10th. Bryan, Garnier & Co reissued a “neutral” rating and set a GBX 278 ($3.45) target price on shares of Worldpay Group PLC in a research note on Friday, September 30th. Finally, Credit Suisse Group AG reissued an “outperform” rating and set a GBX 330 ($4.09) target price on shares of Worldpay Group PLC in a research note on Monday, November 14th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Worldpay Group PLC has an average rating of “Buy” and a consensus target price of GBX 323.89 ($4.02).
Shares of Worldpay Group PLC (LON:WPG) opened at 271.80 on Monday. The stock’s 50 day moving average price is GBX 279.91 and its 200 day moving average price is GBX 284.60. The firm’s market capitalization is GBX 5.41 billion. Worldpay Group PLC has a 52 week low of GBX 247.60 and a 52 week high of GBX 320.80.
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In related news, insider John Allan sold 743,511 shares of Worldpay Group PLC stock in a transaction on Monday, October 17th. The shares were sold at an average price of GBX 285 ($3.54), for a total value of £2,119,006.35 ($2,628,713.99).
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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