Oppenheimer analyst Glenn Greene maintained a Buy rating on Global Payments Inc (NYSE: GPN) yesterday. The company’s shares closed yesterday at $116.92, close to its 52-week high of $121.
According to TipRanks.com, Greene is a top 25 analyst with an average return of 21.5% and a 83.4% success rate. Greene covers the Technology sector, focusing on stocks such as Fidelity National Info, Total System Services, and Infosys Limited.
Currently, the analyst consensus on Global Payments Inc is a Moderate Buy with an average price target of $131.19, a 12.2% upside from current levels. In a report issued on August 2, Mizuho Securities also reiterated a Buy rating on the stock with a $132 price target.
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The company has a one-year high of $121 and a one-year low of $92.90. Currently, Global Payments Inc has an average volume of 1.04M.
Based on the recent corporate insider activity of 117 insiders, corporate insider sentiment is negative on the stock.
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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.
