Baader Bank set a €240.00 ($279.07) target price on Wirecard (ETR:WDI) in a research note released on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with MarketBeat.com’s FREE daily email newsletter.
Several other brokerages also recently commented on WDI. Deutsche Bank set a €200.00 ($232.56) target price on shares of Wirecard and gave the company a buy rating in a research note on Thursday, October 10th. Independent Research set a €134.00 ($155.81) target price on shares of Wirecard and gave the company a neutral rating in a research note on Wednesday, November 6th. Goldman Sachs Group set a €230.00 ($267.44) target price on shares of Wirecard and gave the company a buy rating in a research note on Wednesday, November 6th. HSBC set a €190.00 ($220.93) target price on shares of Wirecard and gave the company a buy rating in a research note on Wednesday, October 23rd. Finally, Bank of America set a €120.00 ($139.53) target price on shares of Wirecard and gave the company a sell rating in a research note on Wednesday, October 9th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and fourteen have issued a buy rating to the stock. Wirecard has a consensus rating of Buy and a consensus price target of €187.15 ($217.61).
Shares of ETR:WDI traded up €1.15 ($1.34) on Monday, hitting €121.95 ($141.80). The stock had a trading volume of 867,175 shares, compared to its average volume of 582,572. Wirecard has a twelve month low of €86.00 ($100.00) and a twelve month high of €170.70 ($198.49). The company has a debt-to-equity ratio of 83.33, a quick ratio of 1.75 and a current ratio of 1.75. The firm’s 50 day moving average price is €127.45 and its 200-day moving average price is €141.63. The company has a market capitalization of $15.07 billion and a price-to-earnings ratio of 35.28.
Wirecard AG, a technology company, provides outsourcing and white label solutions for electronic payment transactions worldwide. The company operates through three segments: Payment Processing & Risk Management, Acquiring & Issuing, and Call Center & Communication Services. The Payment Processing & Risk Management segment provides products and service for the acceptance or transactions, and the processing of electronic payments and associated processes.
Read More: Initial Coin Offering (ICO)