Worldpay Inc (WP) Gets a Buy Rating from KeyBanc


KeyBanc analyst Josh Beck maintained a Buy rating on Worldpay Inc (NYSE: WP) today and set a price target of $120. The company’s shares closed yesterday at $98.58, close to its 52-week high of $98.61.

According to TipRanks.com, Beck is a 5-star analyst with an average return of 32.1% and a 82.4% success rate. Beck covers the Technology sector, focusing on stocks such as Total System Services, Global Payments Inc, and Paypal Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Worldpay Inc with a $104.32 average price target, which is a 5.8% upside from current levels. In a report issued on August 22, Morgan Stanley also reiterated a Buy rating on the stock with a $97 price target.

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The company has a one-year high of $98.61 and a one-year low of $67.71. Currently, Worldpay Inc has an average volume of 2.24M.

Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is negative on the stock.

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 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.

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