In a report released today, Vasundhara Govil from Morgan Stanley maintained a Hold rating on WEX (NYSE: WEX), with a price target of $188. The company’s shares closed yesterday at $195.62, close to its 52-week high of $197.57.
According to TipRanks.com, Govil is a 1-star analyst with an average return of -5.3% and a 57.1% success rate. Govil covers the Technology sector, focusing on stocks such as Total System Services, Worldpay Inc, and TriNet Group.
WEX has an analyst consensus of Moderate Buy, with a price target consensus of $202.60.
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WEX’s market cap is currently $8.43B and has a P/E ratio of 47.02. The company has a Price to Book ratio of 4.79.
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WEX, Inc. engages in the provision of payment processing and information management solutions. It operates through the following segments: Fleet Solutions; Travel and Corporate Solutions; and Health and Employee Benefit Solutions.
