Worldpay Group PLC (WPG) Receives GBX 360.64 Consensus Price Target from Brokerages
Shares of Worldpay Group PLC (LON:WPG) have earned a consensus recommendation of “Hold” from the twelve research firms that are covering the company, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 360.64 ($4.78).
Several equities analysts have issued reports on WPG shares. Deutsche Bank AG upped their target price on shares of Worldpay Group PLC from GBX 310 ($4.11) to GBX 380 ($5.04) and gave the company a “hold” rating in a research note on Monday, July 24th. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 330 ($4.38) price target on shares of Worldpay Group PLC in a research note on Tuesday, June 27th. Citigroup Inc. reissued a “neutral” rating and set a GBX 304 ($4.03) price objective on shares of Worldpay Group PLC in a report on Wednesday, June 21st. Berenberg Bank cut shares of Worldpay Group PLC to a “hold” rating and boosted their price objective for the company from GBX 327 ($4.34) to GBX 450 ($5.97) in a report on Wednesday, July 5th. Finally, Barclays PLC restated an “equal weight” rating and set a GBX 315 ($4.18) price objective on shares of Worldpay Group PLC in a research report on Tuesday, June 6th.
Shares of Worldpay Group PLC (LON WPG) traded down 0.49% during mid-day trading on Friday, hitting GBX 405.50. The company had a trading volume of 4,831,118 shares. The firm’s market capitalization is GBX 8.06 billion. 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 price of GBX 415.22 and a 200-day moving average price of GBX 350.63.
The company also recently announced a dividend, which will be paid on Monday, October 23rd. Shareholders of record on Thursday, September 28th will be issued a GBX 0.80 ($0.01) dividend. This represents a yield of 0.21%. The ex-dividend date is Thursday, September 28th.
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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