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A statement released earlier today by SunTrust Banks Inc. about Euronet Worldwide, Inc. (NASDAQ:EEFT) bumps the target price to $98.00

Just yesterday Euronet Worldwide, Inc. (NASDAQ:EEFT) traded 1.11% higher at $83.66. Euronet Worldwide, Inc.’s 50-day moving average is $79.94 and its 200-day moving average is $76.62. The last closing price is up 9.19% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 410,684 shares of EEFT traded hands, up from an average trading volume of 330,683

SunTrust Banks Inc. upped the price target of Euronet Worldwide, Inc. (NASDAQ:EEFT) to $98.00 reporting a possible upside of 0.17%.

Recent Performance Chart

Euronet Worldwide, Inc. (NASDAQ:EEFT)

Euronet Worldwide, Inc. has 52 week low of $52.00 and a 52 week high of $84.43 with a PE ratio of 30.40 and has a market capitalization of $0.

In addition to SunTrust Banks Inc. reporting its stock price target, a total of 6 brokers have issued a research note on the company. The average stock price target is $85.33 with 4 equity analysts rating the company a strong buy, four equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

Brief Synopsis About Euronet Worldwide, Inc. (NASDAQ:EEFT)

Euronet Worldwide, Inc. is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Its product offerings include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products. It operates in three segments: EFT Processing, which provides electronic payment solutions consisting of ATM cash withdrawal and deposit services, outsourced ATM and POS management solutions, and credit and debit card outsourcing; epay, which provides electronic distribution and processing of prepaid mobile airtime and other electronic payment products and collection services, and Money Transfer, which provides global consumer-to-consumer money transfer services and global account-to-account money transfer services.

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