In a report released yesterday, Sanjay Sakhrani from KBW reiterated a Buy rating on Worldpay Inc (WP), with a price target of $95. The company’s shares closed on Friday at $74.74, close to its 52-week low of $70.41.
According to TipRanks.com, Sakhrani is a 5-star analyst with an average return of 9.3% and a 63.5% success rate. Sakhrani covers the Financial sector, focusing on stocks such as Discover Financial Services, OneMain Holdings Inc, and Regional Management.
Worldpay Inc has an analyst consensus of Strong Buy, with a price target consensus of $103.69, implying a 38.7% upside from current levels. In a report issued on January 2, KeyBanc also maintained a Buy rating on the stock with a $90 price target.
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The company has a one-year high of $103.50 and a one-year low of $70.41. Currently, Worldpay Inc has an average volume of 3.07M.
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Worldpay, Inc. engages in the provision of payments processing technology and solutions. It operates through the Merchant Services and Financial Institution Services segment. The Merchant Services segment processes credit and debit card transactions.
