Trading Report: The Worldpay Group PLC (WPG) Given Neutral Rating at JPMorgan Chase & Co.

The Worldpay Group PLC (WPG) Given Neutral Rating at JPMorgan Chase & Co.

Worldpay Group PLC (LON:WPG)‘s stock had its “neutral” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a note issued to investors on Monday. They presently have a GBX 280 ($3.50) price target on the stock. JPMorgan Chase & Co.’s price target indicates a potential upside of 4.22% from the company’s current price.

Other equities analysts have also issued reports about the stock. BNP Paribas restated a “neutral” rating and issued a GBX 290 ($3.62) price target on shares of Worldpay Group PLC in a research report on Monday, August 22nd. Goldman Sachs Group Inc. boosted their price target on shares of Worldpay Group PLC from GBX 350 ($4.37) to GBX 400 ($5.00) and gave the company a “buy” rating in a research report on Wednesday, August 10th. Barclays PLC boosted their price target on shares of Worldpay Group PLC from GBX 315 ($3.94) to GBX 350 ($4.37) and gave the company an “overweight” rating in a research report on Wednesday, August 10th. Jefferies Group lowered shares of Worldpay Group PLC to a “hold” rating and reduced their price target for the company from GBX 340 ($4.25) to GBX 325 ($4.06) in a research report on Thursday, August 11th. Finally, Credit Suisse Group AG restated an “outperform” rating and issued a GBX 330 ($4.12) price target on shares of Worldpay Group PLC in a research report on Monday, November 14th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 323.89 ($4.05).

Worldpay Group PLC (LON:WPG) opened at 267.80 on Monday. The firm’s market cap is GBX 5.33 billion. The company has a 50-day moving average of GBX 281.11 and a 200-day moving average of GBX 284.33. Worldpay Group PLC has a 1-year low of GBX 247.60 and a 1-year high of GBX 320.80.

In related news, insider John Allan sold 743,511 shares of the business’s stock in a transaction that occurred on Monday, October 17th. The shares were sold at an average price of GBX 285 ($3.56), for a total transaction of £2,119,006.35 ($2,647,434.22).

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