Wirecard (ETR:WDI) has been given a €176.00 ($204.65) target price by investment analysts at UBS Group in a report released on Friday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS Group’s price target suggests a potential upside of 25.58% from the company’s previous close.
A number of other analysts have also recently issued reports on the company. Goldman Sachs Group set a €250.00 ($290.70) price objective on Wirecard and gave the company a “buy” rating in a research report on Friday, September 14th. Credit Suisse Group set a €200.00 ($232.56) target price on Wirecard and gave the company a “neutral” rating in a report on Friday, September 28th. Nord/LB set a €225.00 ($261.63) price objective on Wirecard and gave the company a “buy” rating in a research note on Wednesday, October 10th. Kepler Capital Markets set a €225.00 ($261.63) price objective on Wirecard and gave the company a “buy” rating in a research note on Wednesday, October 10th. Finally, Oddo Bhf set a €230.00 ($267.44) price objective on Wirecard and gave the company a “buy” rating in a research note on Wednesday, October 10th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and fifteen have assigned a buy rating to the company. Wirecard has a consensus rating of “Buy” and an average price target of €197.75 ($229.94).
Shares of WDI traded down €1.60 ($1.86) during mid-day trading on Friday, reaching €140.15 ($162.97). The company’s stock had a trading volume of 343,582 shares, compared to its average volume of 582,572. Wirecard has a 1-year low of €47.90 ($55.70) and a 1-year high of €111.00 ($129.07).
Wirecard AG, a technology company, provides outsourcing and white label solutions for electronic payment transactions worldwide. The company operates through three segments: Payment Processing & Risk Management, Acquiring & Issuing, and Call Center & Communication Services. The Payment Processing & Risk Management segment provides products and service for the acceptance or transactions, and the processing of electronic payments and associated processes.
Further Reading: Diversification
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