Wirecard (ETR:WDI) received a €195.00 ($226.74) target price from analysts at HSBC in a research note issued on Friday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. HSBC’s price target points to a potential upside of 45.63% from the company’s previous close.
A number of other analysts have also weighed in on the company. Citigroup set a €100.00 ($116.28) target price on Wirecard and gave the company a “sell” rating in a research note on Thursday. UBS Group set a €160.00 ($186.05) target price on Wirecard and gave the company a “buy” rating in a research note on Thursday. Barclays set a €200.00 ($232.56) target price on Wirecard and gave the company a “buy” rating in a research note on Thursday. Independent Research set a €115.00 ($133.72) target price on Wirecard and gave the company a “sell” rating in a research note on Wednesday. Finally, Warburg Research set a €220.00 ($255.81) target price on Wirecard and gave the company a “buy” rating in a research note on Wednesday. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and fifteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of €195.58 ($227.42).
Shares of ETR:WDI traded down €1.35 ($1.57) during midday trading on Friday, reaching €133.90 ($155.70). The company’s stock had a trading volume of 812,257 shares, compared to its average volume of 582,572. Wirecard has a fifty-two week low of €86.00 ($100.00) and a fifty-two week high of €199.00 ($231.40). The firm has a market cap of $16.60 billion and a PE ratio of 47.65. The company has a debt-to-equity ratio of 78.53, a quick ratio of 1.67 and a current ratio of 1.68.
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.
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