Wirecard (WDI) PT Set at €220.00 by UBS Group

Wirecard (ETR:WDI) has been assigned a €220.00 ($255.81) price objective by equities research analysts at UBS Group in a report issued on Tuesday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS Group’s target price points to a potential upside of 26.80% from the company’s previous close.

WDI has been the topic of a number of other research reports. Warburg Research set a €205.00 ($238.37) price target on Wirecard and gave the company a “buy” rating in a research report on Wednesday, August 22nd. Berenberg Bank set a €193.00 ($224.42) price target on Wirecard and gave the company a “buy” rating in a research report on Friday, August 17th. Barclays set a €240.00 ($279.07) price objective on Wirecard and gave the company a “buy” rating in a research note on Tuesday. Deutsche Bank set a €190.00 ($220.93) price objective on Wirecard and gave the company a “neutral” rating in a research note on Friday, August 17th. Finally, Commerzbank set a €160.00 ($186.05) price objective on Wirecard and gave the company a “buy” rating in a research note on Thursday, August 16th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of €172.33 ($200.38).

Shares of ETR WDI opened at €173.50 ($201.74) on Tuesday. Wirecard has a one year low of €47.90 ($55.70) and a one year high of €111.00 ($129.07).

Wirecard Company Profile

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.

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