Barclays PLC Reiterates Equal weight Rating for Worldpay Group PLC (WPG)

Worldpay Group PLC (LON:WPG)‘s stock had its “equal weight” rating reissued by stock analysts at Barclays PLC in a research note issued on Tuesday. They presently have a GBX 315 ($4.07) price target on the stock. Barclays PLC’s price objective would indicate a potential upside of 1.81% from the stock’s previous close.

Several other brokerages have also issued reports on WPG. Goldman Sachs Group Inc reiterated a “buy” rating and issued a GBX 400 ($5.17) price target on shares of Worldpay Group PLC in a research note on Thursday, April 6th. Macquarie lowered shares of Worldpay Group PLC to a “neutral” rating and lifted their price target for the company from GBX 293 ($3.79) to GBX 319 ($4.12) in a research note on Wednesday, April 19th. Berenberg Bank reiterated a “buy” rating and issued a GBX 327 ($4.23) price target on shares of Worldpay Group PLC in a research note on Wednesday, March 15th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 290 ($3.75) price target on shares of Worldpay Group PLC in a research note on Thursday, March 16th. Finally, Deutsche Bank AG assumed coverage on shares of Worldpay Group PLC in a research note on Tuesday, February 7th. They issued a “hold” rating and a GBX 300 ($3.88) price target on the stock. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 323.55 ($4.18).

Analyst Recommendations for Worldpay Group PLC (LON:WPG)

Shares of Worldpay Group PLC (WPG) opened at 309.40 on Tuesday. The company’s market capitalization is GBX 6.15 billion. The company has a 50-day moving average of GBX 310.67 and a 200-day moving average of GBX 286.99. Worldpay Group PLC has a one year low of GBX 247.60 and a one year high of GBX 321.90.

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About Worldpay Group PLC

Worldpay Group plc is a United Kingdom-based company, which provides a range of technology-led payment products and services. The Company operates through four segments: Global eCom, WPUK, WPUS and Corporate. Global eCom provides a range of payment services, both online and by mobile, to accept, validate and settle payments in approximately 126 currencies across 146 countries, using any one of over 300 payment methods.

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