A report released today by Barclays about Global Payment (NYSE:GPN) ups the target price to $85.00
- Updated: September 30, 2016
Reporting a possible upside of 0.12%, Barclays upped the price target of Global Payment (NYSE:GPN) to $85.00
Previously on 9/15/2016, Goldman Sachs Group Inc. released a statement for Global Payment (NYSE:GPN) raised the target price from $80.00 to $88.00. At the time, this indicated a possible upside of 0.20%.
Only yesterday Global Payment (NYSE:GPN) traded 1.30% higher at $76.09. Global Payment’s 50-day moving average is $75.38 and its 200-day moving average is $73.24. The last stock close price is up 5.24% from the 200-day moving average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 859,122 shares of Global Payment traded, down from an avg. volume of 1,222,600
Global Payment has a P/E ratio of 37.78 with a one year low of $51.29 and a one year high of $79.93 GPN’s total market value is currently $0.
Also covering Global Payment's price target, a total of 22 analysts have issued a research note on the company. The 12-month price target is $78.05 with 5 firms rating the stock a strong buy, ten equity analysts rating the company a buy, twelve analysts rating the company a hold, one broker rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
General Information About Global Payment (NYSE:GPN)
Global Payments Inc. is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates through three segments: North America, Europe and Asia-Pacific. The Company's segments primarily provide payment solutions for credit cards, debit cards, electronic payments and check-related services. The Company's segments target customers in various industries, including financial services, gaming, government, healthcare, professional services, restaurants, retail, universities, not-for-profit organizations and utilities. It provides services across a range of channels to merchants and partners in over 30 countries throughout North America, Europe, the Asia-Pacific region and Brazil. The Company performs a series of services, including authorization, electronic draft capture, file transfers to facilitate funds settlement and certain exception-based, back office support services, such as chargeback and retrieval resolution.
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