Goldman Sachs Group set a €175.00 ($203.49) price objective on Wirecard (ETR:WDI) in a report released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other brokerages have also recently weighed in on WDI. Morgan Stanley set a €205.00 ($238.37) price objective on Wirecard and gave the company a buy rating in a research note on Monday, January 20th. Independent Research set a €134.00 ($155.81) target price on Wirecard and gave the stock a neutral rating in a research note on Wednesday, November 6th. JPMorgan Chase & Co. set a €165.00 ($191.86) target price on Wirecard and gave the stock a neutral rating in a research note on Thursday, January 9th. Berenberg Bank set a €210.00 ($244.19) target price on Wirecard and gave the stock a buy rating in a research note on Wednesday, January 22nd. Finally, Hauck & Aufhaeuser set a €270.00 ($313.95) target price on Wirecard and gave the stock a buy rating in a research note on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of €181.00 ($210.46).
Shares of ETR WDI opened at €138.90 ($161.51) on Wednesday. Wirecard has a twelve month low of €93.12 ($108.28) and a twelve month high of €162.30 ($188.72). The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 80.10. The stock has a fifty day simple moving average of €125.30 and a 200-day simple moving average of €129.90. The stock has a market capitalization of $17.16 billion and a PE ratio of 35.64.
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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