After Mizuho Securities and BMO Capital gave Worldpay Inc (NYSE: WP) a Buy rating last month, the company received another Buy, this time from Stephens. Analyst Brett Huff reiterated a Buy rating on Worldpay Inc yesterday and set a price target of $111. The company’s shares closed yesterday at $92.09.
According to TipRanks.com, Huff is a top 100 analyst with an average return of 27.3% and a 80.4% success rate. Huff covers the Technology sector, focusing on stocks such as Bottomline Technologies, Fidelity National Info, and Total System Services.
Worldpay Inc has an analyst consensus of Strong Buy, with a price target consensus of $109.32, implying a 18.7% upside from current levels. In a report issued on September 26, BMO Capital also initiated coverage with a Buy rating on the stock with a $129 price target.
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The company has a one-year high of $103.50 and a one-year low of $67.71. Currently, Worldpay Inc has an average volume of 2.32M.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is negative on the stock.
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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.
