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.
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