Robert W. Baird analyst David Koning maintained a Buy rating on Worldpay Inc (NYSE: WP) today and set a price target of $96. The company’s shares closed on Friday at $86.48, close to its 52-week high of $87.
According to TipRanks.com, Koning is a top 100 analyst with an average return of 18.8% and a 87.4% success rate. Koning covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Total System Services.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Worldpay Inc with a $92.89 average price target, representing a 7.4% upside. In a report issued on July 10, Raymond James also maintained a Buy rating on the stock with a $99 price target.
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Worldpay Inc’s market cap is currently $25.72B and has a P/E ratio of 332.62. The company has a Price to Book ratio of 2.46.
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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.
