WIRECARD AG/ADR (WCAGY) Upgraded to Buy at Deutsche Bank
WIRECARD AG/ADR (OTCMKTS:WCAGY) was upgraded by Deutsche Bank from a “hold” rating to a “buy” rating in a research note issued on Monday, The Fly reports.
Separately, Citigroup downgraded shares of WIRECARD AG/ADR from a “neutral” rating to a “sell” rating in a report on Friday, March 15th.
Shares of WCAGY stock opened at $84.26 on Monday. The stock has a market cap of $20.68 billion, a P/E ratio of 48.19 and a beta of 0.89. WIRECARD AG/ADR has a 52 week low of $50.70 and a 52 week high of $113.85.
Wirecard AG, a technology company, provides outsourcing and white label solutions for electronic payments worldwide. The company operates in three segments: Payment Processing & Risk Management, Acquiring & Issuing, and Call Center & Communication Services. The Payment Processing & Risk Management segment offers products and service for the acceptance or transactions, and the processing of electronic payments and associated processes.
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