Deutsche Bank AG Increases Worldpay Group PLC (LON:WPG) Price Target to GBX 380

Worldpay Group PLC (LON:WPG) had its price objective increased by equities research analysts at Deutsche Bank AG from GBX 310 ($4.02) to GBX 380 ($4.93) in a research report issued on Monday, July 24th, Marketbeat Ratings reports. The firm currently has a “hold” rating on the stock. Deutsche Bank AG’s price objective points to a potential downside of 10.29% from the stock’s current price.

Other equities research analysts have also recently issued reports about the company. Barclays PLC reiterated an “equal weight” rating and issued a GBX 315 ($4.09) target price on shares of Worldpay Group PLC in a report on Tuesday, June 6th. Citigroup Inc. reiterated a “neutral” rating and issued a GBX 304 ($3.95) target price on shares of Worldpay Group PLC in a report on Wednesday, June 21st. Macquarie cut Worldpay Group PLC to a “neutral” rating and upped their target price for the stock from GBX 293 ($3.80) to GBX 319 ($4.14) in a report on Wednesday, April 19th. Goldman Sachs Group, Inc. (The) restated a “buy” rating and set a GBX 400 ($5.19) price objective on shares of Worldpay Group PLC in a research note on Thursday, April 6th. Finally, Berenberg Bank cut Worldpay Group PLC to a “hold” rating and upped their price objective for the stock from GBX 327 ($4.25) to GBX 450 ($5.84) in a research note on Wednesday, July 5th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Worldpay Group PLC has an average rating of “Hold” and a consensus price target of GBX 360.64 ($4.68).

Shares of Worldpay Group PLC (WPG) traded up 0.14% during trading on Monday, reaching GBX 423.60. The company’s stock had a trading volume of 6,107,858 shares. Worldpay Group PLC has a one year low of GBX 255.70 and a one year high of GBX 435.38. The stock’s market cap is GBX 8.42 billion. The company has a 50-day moving average price of GBX 379.98 and a 200-day moving average price of GBX 319.00.

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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.

Analyst Recommendations for Worldpay Group PLC (LON:WPG)

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