Bryan, Garnier & Co Reiterates Neutral Rating for Worldpay Group PLC (WPG)
Worldpay Group PLC (LON:WPG)‘s stock had its “neutral” rating reissued by equities research analysts at Bryan, Garnier & Co in a research report issued to clients and investors on Friday. They currently have a GBX 278 ($3.63) price target on the stock. Bryan, Garnier & Co’s price target would indicate a potential downside of 7.49% from the stock’s current price.
A number of other brokerages have also recently issued reports on WPG. Goldman Sachs Group Inc. increased their price objective on Worldpay Group PLC from GBX 345 ($4.50) to GBX 350 ($4.57) and gave the stock a “buy” rating in a report on Tuesday, August 2nd. Jefferies Group cut Worldpay Group PLC to a “hold” rating and dropped their price objective for the stock from GBX 340 ($4.44) to GBX 325 ($4.24) in a report on Thursday, August 11th. Credit Suisse Group AG reissued an “outperform” rating and set a GBX 300 ($3.92) price objective on shares of Worldpay Group PLC in a report on Monday, July 4th. BNP Paribas reissued a “neutral” rating and set a GBX 280 ($3.65) price objective on shares of Worldpay Group PLC in a report on Friday, July 22nd. Finally, Barclays PLC reissued an “overweight” rating and set a GBX 350 ($4.57) price objective on shares of Worldpay Group PLC in a report on Wednesday, September 7th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Worldpay Group PLC presently has an average rating of “Buy” and an average price target of GBX 315.40 ($4.12).
Shares of Worldpay Group PLC (LON:WPG) opened at 300.50 on Friday. The stock’s 50 day moving average price is GBX 297.74 and its 200 day moving average price is GBX 281.60. The company’s market capitalization is GBX 5.98 billion. Worldpay Group PLC has a 12-month low of GBX 240.00 and a 12-month high of GBX 320.80.
The company also recently disclosed a dividend, which will be paid on Tuesday, October 18th. Investors of record on Thursday, September 15th will be issued a dividend of GBX 0.65 ($0.01) per share. The ex-dividend date is Thursday, September 15th. This represents a dividend yield of 0.21%.
About Worldpay Group PLC
Worldpay Group plc is a United Kingdom-based company, which provides a range of technology-led payment products and services. The Company operates through four segments: Global eCom, WPUK, WPUS and Corporate. Global eCom provides a range of payment services, both online and by mobile, to accept, validate and settle payments in approximately 126 currencies across 146 countries, using any one of over 300 payment methods.
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