Brokerages Set Wirecard AG (WDI) Price Target at $195.84

Wirecard AG (ETR:WDI) has been assigned a consensus recommendation of “Buy” from the twenty research firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and sixteen have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is €194.95 ($226.68).

WDI has been the topic of several analyst reports. Warburg Research set a €220.00 ($255.81) target price on shares of Wirecard and gave the company a “buy” rating in a report on Wednesday, May 8th. Kepler Capital Markets set a €225.00 ($261.63) target price on shares of Wirecard and gave the company a “buy” rating in a report on Tuesday, February 12th. Barclays set a €200.00 ($232.56) target price on shares of Wirecard and gave the company a “buy” rating in a report on Monday, February 4th. Oddo Bhf set a €230.00 ($267.44) target price on shares of Wirecard and gave the company a “buy” rating in a report on Wednesday, March 27th. Finally, HSBC set a €195.00 ($226.74) target price on shares of Wirecard and gave the company a “buy” rating in a report on Friday, May 10th.

Shares of WDI traded up €5.50 ($6.40) during mid-day trading on Friday, hitting €149.25 ($173.55). 1,770,691 shares of the company’s stock were exchanged, compared to its average volume of 582,572. The stock has a market capitalization of $18.44 billion and a PE ratio of 48.19. Wirecard has a fifty-two week low of €86.00 ($100.00) and a fifty-two week high of €199.00 ($231.40). The company has a debt-to-equity ratio of 82.24, a quick ratio of 1.68 and a current ratio of 1.68.

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.

See Also: What is the CBOE Russell 2000® Volatility Index?

Analyst Recommendations for Wirecard (ETR:WDI)

Receive News & Ratings for Wirecard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wirecard and related companies with MarketBeat.com's FREE daily email newsletter.