Worldpay Group (LON:WPG) Rating Reaffirmed
London: In a recent report shared with investors and clients on Friday morning, Credit Suisse has decided to reaffirm their Neutral rating on Worldpay Group (LON:WPG) shares. They now have a GBX 300.00 target price on the firm. Credit Suisse’s target may mean a potential upside of 4.26% from the company’s last close price.
From a total of 6 analysts covering Worldpay Group Plc (LON:WPG) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 33% of the ratings are positive. The highest target price is GBX 340 while the lowest target price is GBX 269. The mean of all analyst targets is GBX 310.67 with a 5.85% above today’s (GBX 293.5) stock price. Worldpay Group Plc was the topic of 6 analyst reports since November 23, 2015 according to the firm StockzIntelligence Inc. Credit Suisse maintained shares on November 27 with “Neutral” rating. UBS initiated WPG stock in a recent report from November 23 with “Neutral” rating.
The stock increased 1.21% or GBX 3.5 on November 27, striking GBX 293.5. Approximately 1.19 million shares of stock traded hands. Worldpay Group PLC (LON:WPG) has risen 6.00% since October 29, 2015 and is uptrending. It has outperformed by 6.89% the S&P500.
Worldpay Group PLC is a United Kingdom company, which is engaged in providing payments processing technology. The company has a market cap of 5.89 billion GBP. The Firm operates through three divisions: Global eCom, Worldpay US and Worldpay UK. It currently has negative earnings. The Company’s Global eCom serves Internet-led multinationals with payment needs, and focuses on providing to airlines, digital content, online gaming, global retail and travel.
According to Zacks Investment Research, “WP GLIMCHER, Inc. is a retail real estate investment trust. It engages in the ownership, management, acquisition and development of retail properties, including mixed use, open-air and enclosed regional malls as well as community centers. The Company’s properties are leased to a range of tenants across the retail spectrum, including anchor stores, big-box tenants, national inline tenants, sit-down restaurants, movie theatres and regional and local retailers. WP GLIMCHER, Inc., formerly known as Washington Prime Group Inc., is headquartered in Columbus, Ohio.” Get a free copy of the Zacks research report on Worldpay Group PLC (WPG)