Wirecard (ETR:WDI) has been assigned a €165.00 ($191.86) price target by equities research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 5.16% from the company’s current price.
Several other equities analysts have also recently issued reports on the company. Baader Bank set a €230.00 ($267.44) price target on Wirecard and gave the company a “buy” rating in a research report on Tuesday, August 13th. Macquarie set a €147.97 ($172.06) price objective on Wirecard and gave the company a “neutral” rating in a report on Monday, May 20th. Berenberg Bank set a €210.00 ($244.19) target price on Wirecard and gave the company a “buy” rating in a research note on Thursday, August 8th. UBS Group set a €160.00 ($186.05) target price on Wirecard and gave the company a “buy” rating in a research note on Wednesday, August 7th. Finally, Deutsche Bank set a €200.00 ($232.56) target price on Wirecard and gave the stock a “buy” rating in a report on Wednesday, September 4th. Two analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have assigned a buy rating to the stock. Wirecard currently has a consensus rating of “Buy” and an average target price of €197.43 ($229.57).
WDI traded down €0.40 ($0.47) during trading on Monday, reaching €156.90 ($182.44). The stock had a trading volume of 694,428 shares, compared to its average volume of 582,572. The stock has a 50 day moving average of €146.32 and a two-hundred day moving average of €135.38. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 83.33. The firm has a market capitalization of $19.39 billion and a price-to-earnings ratio of 45.39. Wirecard has a 1-year low of €131.00 ($152.33) and a 1-year high of €156.00 ($181.40).
Wirecard AG, a technology company, provides outsourcing and white label solutions for electronic payment transactions worldwide. The company operates through three segments: Payment Processing & Risk Management, Acquiring & Issuing, and Call Center & Communication Services. The Payment Processing & Risk Management segment provides products and service for the acceptance or transactions, and the processing of electronic payments and associated processes.
Further Reading: Sell-Side Analysts
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