Global Payments Inc (NYSE:GPN) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: November 29, 2016
Boasting a price of $71.54, Global Payments Inc (NYSE:GPN) traded -0.76% lower on the day. With the last stock price close down -3.87% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Global Payments Inc has recorded a 50-day average of $72.06 and a two hundred day average of $74.42. Volume of trade was down over the average, with 1,110,746 shares of GPN changing hands under the typical 1,224,390
Zacks Investment Research has downgraded Global Payments Inc (NYSE:GPN) to Hold in a statement released on Tuesday November 29, 2016.
With a total market value of $0, 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 .
A total of 22 analysts have released a research note on Global Payments Inc. Five analysts rating the company a strong buy, ten firms rating the stock a buy, 12 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $78.05.
About 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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