Goldman Sachs Group Reiterates “€135.00” Price Target for Wirecard (WDI)
Wirecard (ETR:WDI) has been given a €135.00 ($166.67) price target by equities research analysts at Goldman Sachs Group in a research note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s target price indicates a potential upside of 45.54% from the company’s previous close.
Several other equities research analysts have also issued reports on the stock. HSBC set a €100.00 ($123.46) price target on shares of Wirecard and gave the company a “buy” rating in a report on Friday, November 17th. Hauck & Aufhaeuser set a €103.00 ($127.16) price target on shares of Wirecard and gave the company a “buy” rating in a report on Wednesday, November 29th. Baader Bank set a €84.00 ($103.70) price target on shares of Wirecard and gave the company a “buy” rating in a report on Thursday, October 26th. Commerzbank set a €110.00 ($135.80) price target on shares of Wirecard and gave the company a “buy” rating in a report on Thursday, November 30th. Finally, Bank of America set a €107.00 ($132.10) price target on shares of Wirecard and gave the company a “neutral” rating in a report on Thursday, January 25th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of €99.88 ($123.31).
Wirecard (WDI) opened at €92.76 ($114.52) on Tuesday. Wirecard has a 52-week low of €42.70 ($52.72) and a 52-week high of €111.50 ($137.65). The stock has a market cap of $11,060.00 and a price-to-earnings ratio of 52.41.
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Wirecard AG, a technology company, engages in the provision of outsourcing and white label solutions for electronic payment transactions worldwide. The company operates through three business segments: Payment Processing & Risk Management, Acquiring & Issuing, and Call Center & Communication Services.
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