In a report released today, Lara Fourman from Goldman Sachs downgraded Euronet Worldwide (NASDAQ: EEFT) to Hold, with a price target of $94. The company’s shares opened today at $85.
According to TipRanks.com, Fourman is ranked #3301 out of 4828 analysts.
Euronet Worldwide has an analyst consensus of Moderate Buy, with a price target consensus of $100.
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Based on Euronet Worldwide’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $26.41 million. In comparison, last year the company had a net profit of $28.12 million.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is neutral on the stock.
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Euronet Worldwide, Inc. engages in the provision of electronic payment and transaction processing solutions for financial institutions, retailers, service providers, and individual consumers. It operates through the following segments: EFT Processing, Epay, and Money Transfer.
