Wirecard (WDI) Receives Consensus Rating of “Buy” from Analysts

Shares of Wirecard (ETR:WDI) have been given a consensus recommendation of “Buy” by the nineteen brokerages that are covering the stock, MarketBeat reports. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is €105.59 ($122.78).

A number of brokerages have recently issued reports on WDI. Berenberg Bank set a €118.00 ($137.21) price target on shares of Wirecard and gave the company a “buy” rating in a report on Friday, March 23rd. Deutsche Bank set a €100.00 ($116.28) price target on shares of Wirecard and gave the company a “neutral” rating in a report on Friday, April 13th. UBS Group set a €118.00 ($137.21) price target on shares of Wirecard and gave the company a “buy” rating in a report on Monday, March 12th. HSBC set a €115.00 ($133.72) price target on shares of Wirecard and gave the company a “buy” rating in a report on Wednesday, February 14th. Finally, Kepler Capital Markets set a €120.00 ($139.53) price target on shares of Wirecard and gave the company a “buy” rating in a report on Thursday, April 12th.

Shares of Wirecard traded up €0.35 ($0.41), reaching €138.15 ($160.64), during trading hours on Friday, according to MarketBeat. The company had a trading volume of 490,232 shares, compared to its average volume of 582,572. Wirecard has a 12-month low of €47.90 ($55.70) and a 12-month high of €111.00 ($129.07).

Wirecard Company Profile

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.

Analyst Recommendations for Wirecard (ETR:WDI)

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