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Global Payments Inc. (NYSE:GPN) stock price target increased to $76.00, issued a report today by Stifel Nicolaus

Yesterday Global Payments Inc. (NYSE:GPN) traded -3.62% lower at $76.01. The company’s 50-day moving average is $75.84 and its 200-day moving average is $73.90. The last closing price is up 3.00% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,795,967 shares of the stock traded hands, up from an average trading volume of 1,253,760

In a report released on 10/7/2016 Stifel Nicolaus increased the stock price target of Global Payments Inc. (NYSE:GPN) from $75.00 to $76.00 indicating a possible downside of 0.00%.

Previously on 10/06/2016, Deutsche Bank reported on Global Payments Inc. (NYSE:GPN) increased the target price from $79.00 to $85.00. At the time, this indicated a possible upside of 0.08%.

See Chart Below

Global Payments Inc. (NYSE:GPN)

Global Payments Inc. has a 52 week low of $51.29 and a 52 week high of $79.93 with a P/E ratio of 37.31 The company’s market cap is currently $0.

In addition to Stifel Nicolaus reporting its stock price target, a total of 22 brokers have issued a report on the company. The average stock price target is $78.05 with 5 brokers rating the stock a strong buy, 10 brokers rating the stock a buy, 12 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information 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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