Analyst Price Target Update on Western Union Company (The) (NYSE:WU)

Western Union Company (The) (NYSE:WU): 12 Analyst have given the stock of Western Union Company (The) (NYSE:WU) a near short term price target of $18.71. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $2.4. The higher price target estimate is at $24 while the lower price estimates are fixed at $15.

Many analysts have stated their opinion on the company shares. Compass Point initiates coverage on Western Union Company (The) (NYSE:WU). The shares have now been rated Neutral by the stock experts at the ratings house. Compass Point announces the current price target of $20 per share on Western Union Company (The). The rating by the firm was issued on April 15, 2016. Company shares have received an average consensus rating of Hold for the current week

On the companys insider trading activities, The officer (Chief Acct. Officer), of Western Union Co, Schenkel Amintore had unloaded 28,816 shares at $20.13 per share in a transaction on April 19, 2016. The total value of transaction was $580,066. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Western Union Company (The) (NYSE:WU) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.3 points or 1.55% at $19.06 with 1,933,944 shares getting traded. Post opening the session at $19.26, the shares hit an intraday low of $19.03 and an intraday high of $19.34 and the price was in this range throughout the day. The company has a market cap of $9,361 million and the number of outstanding shares have been calculated to be 491,136,640 shares. The 52-week high of Western Union Company (The) (NYSE:WU) is $21.59 and the 52-week low is $16.02.

The Western Union Company (Western Union) is a global provider of money movement and payment services. The Company classifies its businesses into three: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Consumer-to-Consumer operating segment facilitates money transfers between two consumers, primarily through a network of third-party agents. The Consumer-to-Business operating segment facilitates bill payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies and other businesses. The Consumer-to-Business payments services are available through a variety of services that include Speedpay, Pago Facil and Western Union Payments. The Business Solutions operating segment facilitates payment and foreign exchange solutions, primarily cross-border, cross-currency transactions for small and medium size enterprises and other organizations and individuals.

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