Piper Jaffray analyst Jason Deleeuw reiterated a Hold rating on Worldpay Inc (NYSE: WP) on August 12 and set a price target of $105. The company’s shares opened today at $92.25, close to its 52-week high of $93.07.
According to TipRanks.com, Deleeuw is a 4-star analyst with an average return of 9.5% and a 65.5% success rate. Deleeuw covers the Financial sector, focusing on stocks such as Cannae Holdings Inc, American Express, and Re/Max Holdings.
Worldpay Inc has an analyst consensus of Strong Buy, with a price target consensus of $101.18, a 9.7% upside from current levels. In a report issued on August 10, SunTrust Robinson also maintained a Hold rating on the stock with a $95 price target.
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Based on Worldpay Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $2.9 million. In comparison, last year the company had a net profit of $68.78 million.
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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.
