Worldpay Group PLC’s (WPG) “Overweight” Rating Reiterated at Barclays PLC
Worldpay Group PLC (LON:WPG)‘s stock had its “overweight” rating reaffirmed by Barclays PLC in a note issued to investors on Monday. They currently have a GBX 350 ($4.33) price target on the stock. Barclays PLC’s price objective points to a potential upside of 19.48% from the stock’s current price.
WPG has been the topic of several other research reports. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 280 ($3.47) price objective on shares of Worldpay Group PLC in a report on Tuesday, July 12th. Morgan Stanley reiterated an “overweight” rating and set a GBX 335 ($4.15) price objective on shares of Worldpay Group PLC in a report on Thursday, July 7th. BNP Paribas reiterated a “neutral” rating and set a GBX 280 ($3.47) price objective on shares of Worldpay Group PLC in a report on Wednesday, August 10th. Goldman Sachs Group Inc. lifted their price objective on Worldpay Group PLC from GBX 350 ($4.33) to GBX 400 ($4.95) and gave the company a “buy” rating in a report on Wednesday, August 10th. Finally, Bryan, Garnier & Co reiterated a “neutral” rating and set a GBX 278 ($3.44) price objective on shares of Worldpay Group PLC in a report on Friday, September 30th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of GBX 315.40 ($3.90).
Worldpay Group PLC (LON:WPG) opened at 290.80 on Monday. The firm’s 50-day moving average price is GBX 296.16 and its 200 day moving average price is GBX 282.80. The firm’s market cap is GBX 5.78 billion. Worldpay Group PLC has a one year low of GBX 240.00 and a one year high of GBX 320.80.
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The business also recently disclosed a dividend, which will be paid on Tuesday, October 18th. Stockholders of record on Thursday, September 15th will be paid a dividend of GBX 0.65 ($0.01) per share. This represents a dividend yield of 0.21%. The ex-dividend date of this dividend is Thursday, September 15th.
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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