In a report issued on July 13, Ashwin Shirvaikar from Citigroup maintained a Buy rating on Global Payments Inc (NYSE: GPN), with a price target of $136. The company’s shares closed on Friday at $117.95, close to its 52-week high of $119.69.
Shirvaikar has an average return of 17.5% when recommending Global Payments Inc.
According to TipRanks.com, Shirvaikar is ranked #303 out of 4843 analysts.
Currently, the analyst consensus on Global Payments Inc is a Moderate Buy with an average price target of $121.57.
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The company has a one-year high of $119.69 and a one-year low of $89.41. Currently, Global Payments Inc has an average volume of 996.1K.
Based on the recent corporate insider activity of 119 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2018, Ruth Ann Marshall, a Director at GPN sold 6,250 shares for a total of $712,692.
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Global Payments, Inc. engages in the provision of payment technology services. It operates through the following segments: North America, Europe, and Asia-Pacific. The North America segment offers numerous services and solutions, including: restaurant, hospitality, retail, convenience stores and petroleum, professional services, automotive, and lodging.
