Western Union Company (The) (WU) : Analyst Rating Update

Western Union Company (The) (WU) : 3 brokerage houses believe that Western Union Company (The) (WU) is a Strong Buy at current levels. 13 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Western Union Company (The) (WU). Zacks Investment Research suggests a Sell with a rank of 4. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 19 Wall Street Analysts endorse the stock as a Hold with a rating of 2.91.

Western Union Company (The) (WU) : The consensus price target for Western Union Company (The) (WU) is $18.71 for the short term with a standard deviation of $2.4. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $24, however, the pessimist price target for the company is $15.

Western Union Company (The) (NYSE:WU): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.00 and $18.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.18, notching a gain of 0.26% for the day. The total traded volume was 2,025,086 . The stock had closed at $19.13 on the previous day.

Also, Compass Point initiates coverage on Western Union Company (The) (NYSE:WU). In the latest research report, Compass Point announces the target price to $20 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on April 15, 2016. The company shares have rallied 1.49% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $20.62 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $19.16 and the 200 Day Moving Average price is recorded at $18.70.

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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