Today Equities Analysts Offer Predictions for Western Union Company (The)’s FY2018 Earnings (WU)

Today Equities Analysts Offer Predictions for Western Union Company (The)’s FY2018 Earnings (WU)

Western Union Company (The) (NYSE:WU) – Stock analysts at Jefferies Group issued their FY2018 earnings per share estimates for shares of Western Union Company (The) in a research note issued on Friday. Jefferies Group analyst J. Kupferberg forecasts that the brokerage will earn $1.82 per share for the year. Jefferies Group has a “Hold” rating and a $19.00 price target on the stock.

Other analysts also recently issued research reports about the company. BTIG Research set a $23.00 price target on Western Union Company (The) and gave the stock a “buy” rating in a research note on Monday, October 24th. Zacks Investment Research upgraded Western Union Company (The) from a “sell” rating to a “hold” rating in a research note on Thursday, November 3rd. JMP Securities reiterated a “market perform” rating on shares of Western Union Company (The) in a research note on Thursday, January 19th. Guggenheim initiated coverage on Western Union Company (The) in a research note on Wednesday, January 4th. They issued a “neutral” rating and a $23.00 price target on the stock. Finally, Compass Point downgraded Western Union Company (The) from a “neutral” rating to a “sell” rating and set a $17.00 price target on the stock. in a research note on Friday, January 20th. Nine research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $18.98.

Shares of Western Union Company (NYSE:WU) opened at 19.59 on Monday. The stock’s 50 day moving average is $21.60 and its 200 day moving average is $20.82. The stock has a market capitalization of $9.50 billion, a price-to-earnings ratio of 11.87 and a beta of 1.17. Western Union Company has a 1-year low of $16.23 and a 1-year high of $22.70.

Several institutional investors have recently modified their holdings of WU. Itau Unibanco Holding S.A. acquired a new position in shares of Western Union Company (The) during the third quarter worth about $115,000. IFP Advisors Inc raised its stake in shares of Western Union Company (The) by 18.3% in the second quarter. IFP Advisors Inc now owns 6,214 shares of the company’s stock worth $119,000 after buying an additional 963 shares during the period. Canada Pension Plan Investment Board raised its stake in shares of Western Union Company (The) by 147.8% in the third quarter. Canada Pension Plan Investment Board now owns 5,791 shares of the company’s stock worth $121,000 after buying an additional 3,454 shares during the period. Crow Point Partners LLC bought a new stake in shares of Western Union Company (The) during the third quarter worth $139,000. Finally, Pacer Advisors Inc. raised its stake in shares of Western Union Company (The) by 6.4% in the second quarter. Pacer Advisors Inc. now owns 7,346 shares of the company’s stock worth $141,000 after buying an additional 439 shares during the period.

Western Union Company (The) Company Profile

The Western Union Company (Western Union) is a provider of money movement and payment services. The Company operates through three segments: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. Western Union’s Consumer-to-Consumer segment is engaged in individual money transfers from one consumer to another.

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