Wirecard (WDI) Given a €94.00 Price Target by Independent Research Analysts
Wirecard (ETR:WDI) received a €94.00 ($111.90) price target from investment analysts at Independent Research in a research report issued to clients and investors on Wednesday. The firm currently has a “neutral” rating on the stock. Independent Research’s price objective indicates a potential upside of 2.84% from the company’s current price.
Several other brokerages have also recently issued reports on WDI. Berenberg Bank set a €98.00 ($116.67) price objective on Wirecard and gave the stock a “buy” rating in a research note on Wednesday, December 6th. Hauck & Aufhaeuser set a €103.00 ($122.62) price objective on Wirecard and gave the stock a “buy” rating in a research note on Wednesday, November 29th. Citigroup set a €89.00 ($105.95) price objective on Wirecard and gave the stock a “neutral” rating in a research note on Monday, November 20th. Commerzbank set a €110.00 ($130.95) price objective on Wirecard and gave the stock a “buy” rating in a research note on Thursday, November 30th. Finally, Barclays set a €80.00 ($95.24) price objective on Wirecard and gave the stock a “buy” rating in a research note on Tuesday, November 7th. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Wirecard presently has a consensus rating of “Buy” and a consensus price target of €91.67 ($109.13).
Shares of Wirecard (ETR WDI) traded up €2.39 ($2.85) on Wednesday, reaching €91.40 ($108.81). The company had a trading volume of 651,058 shares, compared to its average volume of 970,680. Wirecard has a 52-week low of €38.59 ($45.94) and a 52-week high of €91.75 ($109.23).
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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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