A statement released earlier today by Zacks Investment Research about Global Payments Inc (NYSE:GPN) raises the target price to $80.00
- Updated: November 28, 2016
Having a price of $71.54, Global Payments Inc (NYSE:GPN) traded -0.76% lower on the day. With the last close down -3.87% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. GPN has recorded a 50-day average of $72.06 and a two hundred day average of $74.42. Trade Volume was down over the average, with 1,110,746 shares of GPN changing hands under the typical 1,224,390
Global Payments Inc (NYSE:GPN) had its stock price target increased to $80.00 by Zacks Investment Research in a report issued 11/28/2016. The new stock price target indicates a possible upside of 0.12% from the company's previous close.
Recent Performance Chart
Global Payments Inc has price-earnings ratio of 36.82 with a one year low of $51.29 and a one year high of $79.93 and has a total market value of $0.
A total of 22 firms have reported on the stock. 5 brokers rating the stock a strong buy, 10 brokers rating the stock a buy, twelve analysts rating the company a hold, one analyst rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $78.05.
General Company Details For Global Payments Inc (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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