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Euronet (NASDAQ:EEFT) price target bumped up to $98.00, released a research note today by SunTrust

Euronet (NASDAQ:EEFT) had its target bumped up to $98.00 by SunTrust in an issued report issued Wednesday October 12, 2016. The upped price target suggests a possible upside of 0.17% based on the company's previous stock close price.

Only yesterday Euronet (NASDAQ:EEFT) traded 1.11% higher at $83.66. The company’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 S&P 500 which has decreased -0.01% over the date range. Trade Volume was up over the average, with 410,684 shares of EEFT changing hands over the typical 330,683

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With a market capitalization of $0, Euronet has P/E ratio of 30.40 with a 52 week low of $52.00 and a 52 week high of $84.43 .

In addition to SunTrust reporting its stock price target, a total of 6 brokerages have released a report on the stock. The consensus target price is $85.33 with four firms rating the stock a strong buy, four analysts rating the stock a buy, 0 brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 equity analysts rating the company a sell.

General Company Details For Euronet (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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