Hauck & Aufhäuser Privatbankiers KGaA Gives Wirecard (ETR:WDI) a Higher Rating. Will Other Analysts Follow Suit?

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Wirecard (ETR:WDI) Stock Upgrade

The equities rating of Wirecard (ETR:WDI) shares was hiked by research professionals at Hauck & Aufhäuser Privatbankiers KGaA to a respectable “Buy” rating in an analyst research report finalized on Wednesday morning. The firm Hauck & Aufhäuser Privatbankiers KGaA has a EUR 62.50 target price on the stock. Hauck & Aufhäuser Privatbankiers KGaA’s target price would now indicate a possible upside of 37.42%.

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 €47.73 with a 5.22% above today’s (€45.36) stock price. Wirecard was the topic of 35 analyst reports since July 16, 2015 according to the firm StockzIntelligence Inc. Hauck & Aufhäuser Privatbankiers KGaA upgraded shares on December 9 to “Buy” rating. Kepler Cheuvreux upgraded shares to “Buy” rating and €50 target share price in a report from a November 20. Warburg Research 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, HSBC upgraded the stock to “Buy” rating in a report issued on a November 25.

Approximately 67,020 shares of stock traded hands. Wirecard AG (ETR:WDI) has risen 6.00% since November 9, 2015 and is uptrending. It has outperformed by 6.80% the S&P500.

 Hauck & Aufhäuser Privatbankiers KGaA Gives Wirecard (ETR:WDI) a Higher Rating. Will Other Analysts Follow Suit?

Wirecard AG is a Germany-based provider of electronic payment and risk management applications. The company has a market cap of 5.70 billion EUR. The Company’s core competence is the development and provision of technologies and services for payment transactions. It has 42.45 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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