11.67% to Target, Independent Research GmbH Reiterates ‘”Hold”’ Rating on Wirecard (ETR:WDI) Shares Today

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Wirecard (ETR:WDI) Rating Reaffirmed

They currently have a EUR 51.00 target price per share on Wirecard (ETR:WDI). The target price by Independent Research GmbH would suggest a potential upside of 11.67% from the company’s price per share. This has been disclosed in analysts note on Friday, 4 December.

From a total of 13 analysts covering Wirecard (ETR:WDI) stock, 9 rate it a ”Buy”, 1 a “Sell”, and 3 a ”Hold”. This means that 69% of the ratings are positive. The highest target price is €62.50 while the lowest target price is €31. The mean of all analyst targets is €47.58 with a 4.39% above today’s (€45.58) stock price. Wirecard was the topic of 33 analyst reports since July 16, 2015 according to the firm StockzIntelligence Inc. Hauck & Aufhäuser Privatbankiers KGaA upgraded shares on December 3 to “Buy” rating. Independent Research maintained shares with “Hold” rating and €49 target share price in a report from a November 19. Baader Wertpapierhandelsbank upgraded WDI stock in a recent report from December 1 to “Buy” rating. Credit Suisse downgraded the rating on November 12. Credit Suisse has a “Underperform” rating and a €31 price target on shares. Finally, Kepler Cheuvreux upgraded the stock to “Buy” rating in a report issued on a November 20.

The stock decreased 3.36% or EUR 1.58 on December 3, striking EUR 45.58. Approximately 656,824 shares of stock traded hands or 11.74% up from the average. Wirecard AG (ETR:WDI) has risen 6.00% since November 4, 2015 and is uptrending. It has outperformed by 6.29% the S&P500.

11.67% to Target, Independent Research GmbH Reiterates ‘

Wirecard AG is a Germany-based provider of electronic payment and risk management applications. The company has a market cap of 5.63 billion EUR. The Company’s core competence is the development and provision of technologies and services for payment transactions. It has 42.66 P/E ratio. It operates through the main business divisions Payment Processing and Risk Management , Acquiring & Issuing (A&I) and Call Center & Communication Services (CC&CS).

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