Brokerage Firm Rating Update on Western Union Company (The) (WU)

Western Union Company (The) (WU) : 19 analysts are covering Western Union Company (The) (WU) and their average rating on the stock is 3.02, which is read as a Hold. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 3 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 12 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Western Union Company (The) (WU) : 12 investment research analysts covering Western Union Company (The) (WU) have an average price target of $18.88 for the near short term. The highest target price given by the Brokerage Firm to the stock is $24 and the lowest target is $15 for the short term. Analysts expect the variance to be within $2.45 of the average price.


Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, Citigroup maintains its rating on Western Union Company (The) (NYSE:WU).The analysts at the brokerage house have a current rating of Sell on the shares. In a recent information released to the investors, Citigroup raises the new price target from $15.5 per share to $17 per share. The rating by the firm was issued on August 5, 2016.

Western Union Company (The) (NYSE:WU): The stock opened at $21.76 and touched an intraday high of $21.8 on Wednesday. During the day, the stock corrected to an intraday low of $21.63, however, the bulls stepped in and pushed the price higher to close in the green at $21.77 with a gain of 0.05% for the day. The total traded volume for the day was 2,676,966. The stock had closed at $21.76 in the previous trading session.

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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