RBC Capital analyst Daniel Perlin maintained a Buy rating on Worldpay Inc (WP) today and set a price target of $143. The company’s shares opened today at $115.25, close to its 52-week high of $115.68.
According to TipRanks.com, Perlin is a top 100 analyst with an average return of 27.2% and a 86.5% success rate. Perlin covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Bottomline Technologies, and Jack Henry & Associates.
Currently, the analyst consensus on Worldpay Inc is a Moderate Buy with an average price target of $110.74, implying a -3.9% downside from current levels. In a report issued on March 22, Berenberg Bank also maintained a Buy rating on the stock with a $120 price target.
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The company has a one-year high of $115.68 and a one-year low of $70.41. Currently, Worldpay Inc has an average volume of 3.61M.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. Last month, Christopher A. Thompson, the CAO of WP sold 12,392 shares for a total of $1,223,152.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Worldpay, Inc. engages in the provision of payments processing technology and solutions. It operates through the Merchant Services and Financial Institution Services segment. The Merchant Services segment processes credit and debit card transactions.
