Mizuho Securities analyst Thomas McCrohan upgraded Worldpay Inc (NYSE: WP) to Buy today and set a price target of $125. The company’s shares closed yesterday at $97.98, close to its 52-week high of $98.87.
According to TipRanks.com, McCrohan is a 5-star analyst with an average return of 28.5% and a 81.1% success rate. McCrohan covers the Technology sector, focusing on stocks such as Total System Services, Global Payments Inc, and First Data Corp.
Currently, the analyst consensus on Worldpay Inc is a Strong Buy with an average price target of $106.26, implying an 8.5% upside from current levels. In a report issued on August 30, Berenberg Bank also maintained a Buy rating on the stock with a $120 price target.
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The company has a one-year high of $98.87 and a one-year low of $67.71. Currently, Worldpay Inc has an average volume of 2.26M.
Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is negative on the stock.
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Worldpay, Inc. engages in payments processing technology and solutions. Its products include card machines, integrated point-of-sale, virtual terminal, card payments, mobile wallets, accounting integration, ATM services, Treasury services, PCI compliance, EMV and other. The company was founded on January 2018 and is headquartered in Symmes Township, OH.
