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Independent Research GmbH announced Wincor Nixdorf (ETR:WIN), bumping up its stock price target to 50.00EUR today

Independent Research GmbH bumped the price target of Wincor Nixdorf (ETR:WIN) to 50EUR, indicating a possible downside of -0.08%.

Previously on Wednesday August 3 2016, Independent Research GmbH reported on Wincor Nixdorf(ETR:WIN) raised the target price from 0.00EUR to 50.00EUR that suggested a downside of -0.08%.

Only yesterday Wincor Nixdorf (ETR:WIN) traded 1.08% higher at 54.30EUR. Wincor Nixdorf’s 50-day moving average is 8.83EUR and its two hundred day moving average is 8.56EUR. The last stock close is up 8.96% relative to the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the date range. Volume of trade was was up over the average, with 2,377,828 shares of WIN changing hands over the typical 1,360,940 shares..

See Graphic Below:

Wincor Nixdorf (ETR:WIN)

Wincor Nixdorf has a one-year low of 4.75EUR and a one-year high of 9.74EUR and has a total market value of 0.0 EUR.

Also covering Wincor Nixdorf’s price target, a total of 9 equity analysts have released a ratings update on Wincor Nixdorf. The consensus target stock price is 7.83EUR with 0 rating the stock a strong buy, 0 rating the stock a buy, 0 analysts rating the stock a hold, 0 rating the company to underperform, and finally 0 analystsrating the stock as sell.

Brief Synopsis On Wincor Nixdorf (ETR:WIN)

Wincor Nixdorf AG is a Germany-based company that provides information technology (IT) solutions to retailers and banks. Wincor Nixdorf AG is active in two business segments: Banking and Retail. The Banking segment includes the development, manufacture and sale of hardware, software, IT services, and consulting services to customers in the banking industry. The Banking segment hardware portfolio mainly includes Automated Teller Machines (ATMs), cash recycling systems, automated teller safes and transaction terminals. The Retail segment includes the development, production, logistics, marketing, and sale of hardware together with software and other services to retail customers. The Retail segment hardware portfolio includes Point of Sale (POS) systems, self-checkout solutions, pay tower solutions and retail cash cycle management solutions, and among others.

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