Raymond James analyst Wayne Johnson maintained a Buy rating on Worldpay Inc (NYSE: WP) yesterday and set a price target of $111. The company’s shares closed yesterday at $92.88, close to its 52-week high of $93.07.
Johnson has an average return of 12.6% when recommending Worldpay Inc.
According to TipRanks.com, Johnson is ranked #156 out of 4857 analysts.
Worldpay Inc has an analyst consensus of Strong Buy, with a price target consensus of $101.18, representing an 8.9% upside. In a report issued on August 9, Cantor Fitzgerald also maintained a Buy rating on the stock with a $100 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.
