Stephens initiated coverage on shares of Worldpay (NYSE:WP) in a research note issued to investors on Thursday, January 11th, Marketbeat.com reports. The brokerage issued an overweight rating and a $89.00 price target on the business services provider’s stock.
Several other analysts have also commented on WP. Nomura restated a buy rating and set a $85.00 price target on shares of Worldpay in a research report on Friday, September 29th. Keefe, Bruyette & Woods restated a buy rating and set a $82.00 price target on shares of Worldpay in a research report on Thursday, September 28th. Citigroup reiterated a buy rating and issued a $83.00 target price on shares of Worldpay in a research report on Monday, September 25th. BidaskClub lowered shares of Worldpay from a hold rating to a sell rating in a research report on Thursday, September 28th. Finally, Buckingham Research started coverage on shares of Worldpay in a research report on Monday, October 2nd. They issued a neutral rating and a $78.00 target price on the stock. Six equities research analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has assigned a strong buy rating to the stock. Worldpay has a consensus rating of Buy and an average price target of $82.80.
Shares of Worldpay (WP) opened at $78.08 on Thursday. The firm has a market cap of $14,185.09, a price-to-earnings ratio of 53.85, a PEG ratio of 1.60 and a beta of 0.64. Worldpay has a 52 week low of $59.10 and a 52 week high of $82.07. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 7.45.
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Worldpay Company Profile
Worldpay, Inc, formerly Vantiv, Inc, is a holding company. The Company conducts its operations through its subsidiary, Vantiv Holding, LLC. The Company is a payment processor. The Company’s segments include Merchant Services and Financial Institution Services. The Company offers a range of payment processing services that enable its clients to meet their payment processing needs through a single provider.
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