A statement released earlier today by Stifel about Global Payments (NYSE:GPN) bumps the target price to $76.00
- Updated: October 6, 2016
Having a price of $78.98, Global Payments (NYSE:GPN) traded -0.56% lower on the day. With the last close up 6.40% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Global Payments has recorded a 50-day average of $75.71 and a two hundred day average of $73.87. Volume of trade was down over the average, with 775,692 shares of GPN changing hands under the typical 1,249,080
Stating a potential downside of -0.04%, Stifel upped the price target of Global Payments (NYSE:GPN) to $76.00
On 10/06/2016, Deutsche Bank released a statement on Global Payments (NYSE:GPN) upped the target price from $79.00 to $85.00 that suggested an upside of 0.08%.
With a total market value of $0, Global Payments has price-earnings ratio of 38.53 with a one year low of $51.29 and a one year high of $79.93 .
A total of 22 analysts have released a report on Global Payments. Five analysts rating the company a strong buy, ten analysts rating the company a buy, twelve analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $78.05.
More About Global Payments (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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