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Global Payments Inc. (NYSE:GPN) target increased to $85.00, issued a research note today by Barclays Capital

Just yesterday Global Payments Inc. (NYSE:GPN) traded 1.30% higher at $76.76. GPN’s 50-day average is $75.38 and its 200-day moving average is $73.24. With the last stock close price up 5.24% relative to the two hundred day average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 859,122 shares of Global Payments Inc. exchanged hands, down from an avg. volume of 1,222,600

Global Payments Inc. (NYSE:GPN) had its price target upped to $85.00 by Barclays Capital in a report issued Friday September 30, 2016. The updated target price indicates a possible upside of 0.11% from the company's previous stock price.

On Thursday September 15, 2016, Goldman Sachs Group Inc. released a statement for Global Payments Inc. (NYSE:GPN) raised the target price from $80.00 to $88.00 that suggested an upside of 0.20%.

Recent Performance Chart

Global Payments Inc. (NYSE:GPN)

Global Payments Inc. has 52 week low of $51.29 and a 52 week high of $79.93 with a P/E ratio of 37.78 and has a market cap of $0.

In addition to Barclays Capital reporting its stock price target, a total of 22 equity analysts have released a ratings update on the stock. The consensus target price is $78.05 with five brokerages rating the company a strong buy, 10 brokers rating the company a buy, twelve analysts rating the company a hold, 1 brokerage rating the company a underperform, and lastly 0 brokers rating the company a sell.

Brief Synopsis 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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