Worldpay (NYSE:WP) had its target price raised by stock analysts at KeyCorp from $90.00 to $93.00 in a research note issued on Wednesday. The firm currently has an “overweight” rating on the business services provider’s stock. KeyCorp’s price objective suggests a potential upside of 16.79% from the stock’s previous close.
Several other equities research analysts also recently commented on WP. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $82.00 target price on shares of Worldpay in a research report on Thursday, September 28th. BidaskClub downgraded shares of Worldpay from a “hold” rating to a “sell” rating in a research report on Thursday, September 28th. Nomura reiterated a “buy” rating and set a $85.00 target price on shares of Worldpay in a research report on Friday, September 29th. Buckingham Research started coverage on shares of Worldpay in a research report on Monday, October 2nd. They set a “neutral” rating and a $78.00 target price on the stock. Finally, SunTrust Banks reiterated a “hold” rating and set a $71.00 target price on shares of Worldpay in a research report on Friday, October 6th. Seven analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $82.80.
Worldpay (WP) traded up $1.09 on Wednesday, hitting $79.63. 10,790,861 shares of the stock were exchanged, compared to its average volume of 4,640,000. Worldpay has a one year low of $59.10 and a one year high of $79.80. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 7.45. The firm has a market cap of $14,150.00, a P/E ratio of 55.30, a P/E/G ratio of 1.57 and a beta of 0.58.
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Worldpay Company Profile
Worldpay, Inc, formerly Vantiv, Inc, is a holding company. The Company conducts its operations through its subsidiary, Vantiv Holding, LLC. The Company is a payment processor. The Company’s segments include Merchant Services and Financial Institution Services. The Company offers a range of payment processing services that enable its clients to meet their payment processing needs through a single provider.