Global Payments Inc (GPN) Gets a Buy Rating from KeyBanc
KeyBanc analyst Josh Beck maintained a Buy rating on Global Payments Inc (GPN) today and set a price target of $130. The company’s shares closed on Monday at $103.13.
According to TipRanks.com, Beck is a 5-star analyst with an average return of 18.2% and a 57.8% success rate. Beck covers the Technology sector, focusing on stocks such as Total System Services, Pagseguro Digital Ltd, and I3 Verticals Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Global Payments Inc with a $132.31 average price target, which is a 28.3% upside from current levels. In a report issued on December 21, Piper Jaffray also maintained a Buy rating on the stock with a $141 price target.
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Global Payments Inc’s market cap is currently $16.31B and has a P/E ratio of 26.65. The company has a Price to Book ratio of 4.10.
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Global Payments, Inc. engages in the provision of payment technology and software solutions. It operates through the following geographical segments: North America, Europe, and Asia-Pacific.