Susquehanna analyst James Friedman reiterated a Buy rating on Worldpay Inc (NYSE: WP) yesterday and set a price target of $106. The company’s shares closed yesterday at $90.60, close to its 52-week high of $90.80.
According to TipRanks.com, Friedman is a 5-star analyst with an average return of 19.1% and a 76.5% success rate. Friedman covers the Technology sector, focusing on stocks such as Alliance Data Systems, Total System Services, and Global Payments Inc.
Worldpay Inc has an analyst consensus of Strong Buy, with a price target consensus of $98.50, representing an 8.7% upside. In a report released yesterday, Cantor Fitzgerald also maintained a Buy rating on the stock with a $92 price target.
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Worldpay Inc’s market cap is currently $26.95B and has a P/E ratio of 348.46. The company has a Price to Book ratio of 2.58.
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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.
