A number of other analysts have also commented on the stock. Goldman Sachs Group reaffirmed a buy rating and set a $96.00 target price on shares of Worldpay in a report on Wednesday. Barclays assumed coverage on shares of Worldpay in a report on Wednesday. They set an overweight rating and a $90.00 target price for the company. Stephens assumed coverage on shares of Worldpay in a report on Thursday, January 11th. They set an overweight rating and a $89.00 target price for the company. Mizuho reaffirmed a hold rating and set a $80.00 target price on shares of Worldpay in a report on Thursday, January 4th. Finally, SunTrust Banks lifted their target price on shares of Worldpay from $69.00 to $77.00 and gave the stock a hold rating in a report on Thursday, January 4th. Seven analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has assigned a strong buy rating to the company. Worldpay presently has an average rating of Buy and an average target price of $81.29.
Worldpay (WP) traded up $1.19 during mid-day trading on Wednesday, reaching $79.08. 12,719,318 shares of the company traded hands, compared to its average volume of 3,810,000. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 7.45. Worldpay has a 1 year low of $59.10 and a 1 year high of $79.30. The company has a market cap of $14,060.00, a PE ratio of 54.92, a PEG ratio of 1.55 and a beta of 0.58.
WARNING: This piece was first published by Markets Daily and is the property of of Markets Daily. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be accessed at https://www.themarketsdaily.com/2018/01/19/worldpay-wp-raised-to-outperform-at-bmo-capital-markets.html.
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.
Receive News & Ratings for Worldpay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Worldpay and related companies with MarketBeat.com's FREE daily email newsletter.