Baader Bank Reiterates “€230.00” Price Target for Wirecard (ETR:WDI)

Baader Bank set a €230.00 ($267.44) target price on Wirecard (ETR:WDI) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

WDI has been the topic of a number of other reports. Warburg Research set a €220.00 ($255.81) target price on shares of Wirecard and gave the stock a buy rating in a report on Wednesday, August 7th. Deutsche Bank set a €200.00 ($232.56) target price on shares of Wirecard and gave the stock a buy rating in a report on Thursday, August 8th. Kepler Capital Markets set a €220.00 ($255.81) target price on shares of Wirecard and gave the stock a buy rating in a report on Tuesday, May 7th. Citigroup set a €100.00 ($116.28) price objective on shares of Wirecard and gave the company a sell rating in a research note on Thursday, May 9th. Finally, Berenberg Bank set a €210.00 ($244.19) price objective on shares of Wirecard and gave the company a buy rating in a research note on Thursday, August 8th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and sixteen have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of €198.80 ($231.16).

WDI opened at €134.50 ($156.40) on Tuesday. 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 83.33, a current ratio of 1.75 and a quick ratio of 1.75. The firm has a market capitalization of $16.62 billion and a price-to-earnings ratio of 38.91. The company’s 50 day moving average price is €147.98 and its two-hundred day moving average price is €131.89.

About Wirecard

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.

Further Reading: Net Income

Analyst Recommendations for Wirecard (ETR:WDI)

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