Global Payments Given Average Rating of “Hold” by Brokerages (NYSE:GPN)
Shares of Global Payments (NYSE:GPN) have received an average recommendation of “Hold” from the twenty-one analysts that are currently covering the stock, AnalystRatings.Net reports. Eight research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $71.33.
Shares of Global Payments (NYSE:GPN) opened at 73.10 on Wednesday. Global Payments has a 52 week low of $44.96 and a 52 week high of $74.41. The stock has a 50-day moving average of $71.23 and a 200-day moving average of $68.86. The company has a market cap of $5.250 billion and a P/E ratio of 23.04.
Separately, analysts at Goldman Sachs initiated coverage on shares of Global Payments in a research note on Tuesday, July 8th. They set a “neutral” rating on the stock.
Global Payments Inc (NYSE:GPN) is a provider of electronic payments transaction processing services for consumers, merchants, independent sales organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada, the United Kingdom, Spain, the Asia-Pacific region, the Czech Republic, and the Russian Federation.
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