Northland Securities analyst Michael Grondahl maintained a Buy rating on Euronet Worldwide (EEFT) yesterday and set a price target of $160. The company’s shares closed yesterday at $147.45, close to its 52-week high of $150.53.
According to TipRanks.com, Grondahl is a top 100 analyst with an average return of 26.6% and a 71.3% success rate. Grondahl covers the Financial sector, focusing on stocks such as Front Yard Residential Corporation, Altisource Portfolio Solutions SA, and Health Insurance Innovations.
Euronet Worldwide has an analyst consensus of Strong Buy, with a price target consensus of $166, representing a 12.6% upside. In a report issued on April 15, Piper Jaffray also maintained a Buy rating on the stock with a $171 price target.
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Euronet Worldwide’s market cap is currently $7.64B and has a P/E ratio of 34.29. The company has a Price to Book ratio of 6.20.
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Euronet Worldwide, Inc. engages in the provision of electronic payment and transaction processing solutions for financial institutions, retailers, service providers and individual consumers. It operates through the following business segments: EFT Processing, Epay and Money Transfer.
