Berenberg Bank Reaffirms “Buy” Rating for Worldpay Group PLC (WPG)
Berenberg Bank reaffirmed their buy rating on shares of Worldpay Group PLC (LON:WPG) in a research report report published on Wednesday morning. Berenberg Bank currently has a GBX 327 ($4.04) price objective on the stock.
Other analysts have also recently issued reports about the company. Goldman Sachs Group Inc reiterated a buy rating and set a GBX 400 ($4.94) price target on shares of Worldpay Group PLC in a research report on Wednesday, March 8th. Deutsche Bank AG started coverage on Worldpay Group PLC in a research report on Tuesday, February 7th. They set a hold rating and a GBX 300 ($3.71) price target for the company. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 280 ($3.46) price target on shares of Worldpay Group PLC in a research report on Friday, March 3rd. Bryan, Garnier & Co reiterated a neutral rating and set a GBX 278 ($3.43) price target on shares of Worldpay Group PLC in a research report on Tuesday, January 31st. Finally, Credit Suisse Group AG reiterated an outperform rating and set a GBX 330 ($4.08) price target on shares of Worldpay Group PLC in a research report on Wednesday, March 8th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of GBX 324 ($4.00).
Shares of Worldpay Group PLC (LON:WPG) opened at 291.10 on Wednesday. Worldpay Group PLC has a 52-week low of GBX 247.60 and a 52-week high of GBX 320.80. The stock’s 50 day moving average price is GBX 278.19 and its 200 day moving average price is GBX 280.43. The company’s market capitalization is GBX 5.79 billion.
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The business also recently announced a dividend, which will be paid on Tuesday, June 27th. Shareholders of record on Thursday, May 25th will be issued a GBX 1.35 ($0.02) dividend. This is a boost from Worldpay Group PLC’s previous dividend of $0.65. This represents a yield of 0.5%. The ex-dividend date is Thursday, May 25th.
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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