Hauck & Aufhäuser Privatbankiers KGaA Seems to Have Gained Confidence In Wirecard (ETR:WDI), Upgrades Stocks

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Wirecard (ETR:WDI) Stock Upgrade

Investment analysts at the Hauck & Aufhäuser Privatbankiers KGaA equity research division upgraded shares of Wirecard (ETR:WDI) to a Buy on Friday morning. Hauck & Aufhäuser Privatbankiers KGaA currently has a target of EUR 62.50 on WDI or 37.51% more upside.

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 4.83% above today’s (€45.53) 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.

The stock increased 2.04% or EUR 0.91 on December 17, striking EUR 45.53. Approximately 503,447 shares of stock traded hands. Wirecard AG (ETR:WDI) has risen 6.00% since November 18, 2015 and is uptrending. It has outperformed by 8.26% the S&P500.

 Hauck & Aufhäuser Privatbankiers KGaA Seems to Have Gained Confidence In Wirecard (ETR:WDI), Upgrades Stocks

Wirecard AG is a Germany-based provider of electronic payment and risk management applications. The company has a market cap of 5.72 billion EUR. The Company’s core competence is the development and provision of technologies and services for payment transactions. It has 42.62 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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