Global Payments (NYSE:GPN) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.17 by 23 Brokerage Firm. 9 Wall Street Firms have rated the stock as a strong buys. 3 stock experts have also suggested a buy rating. 10 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Barclays reinstates its outlook on Global Payments (NYSE:GPN). The current rating of the shares is Equal-weight, according to the research report released by the firm. The brokerage firm announces the price target at $78 per share. The rating by the firm was issued on May 4, 2016.
Global Payments (NYSE:GPN): According to 15 Analysts, The short term target price has been estimated at $ 78.The target price could deviate by a maximum of $6.13 from the forecast price. In the near term, the target price could hit a high of $90 and a low of $ 68.
Global Payments (NYSE:GPN) witnessed a decline in the market cap on Tuesday as its shares dropped 0.29% or 0.22 points. After the session commenced at $75.22, the stock reached the higher end at $75.54 while it hit a low of $74.58. With the volume soaring to 967,269 shares, the last trade was called at $74.88. The company has a 52-week high of $78.92. The company has a market cap of $11,532 million and there are 154,001,000 shares in outstanding. The 52-week low of the share price is $50.695.
Shares of Global Payments Inc. appreciated by 1.55% during the last five trading days but lost 0.09% on a 4-week basis. Global Payments Inc. is up 25.61% in the last 3-month period. Year-to-Date the stock performance stands at 16.11%.
Global Payments Inc. is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates in two segments: North America merchant services and International merchant services. The Companys North America merchant services and International merchant services segments primarily provide payment solutions for credit cards, debit cards, electronic payments and check-related services. The Companys North America merchant services and International merchant services segments target customers in various industries, including financial services, gaming, government, healthcare, professional services, restaurants, retail, universities, not-for-profit organizations and utilities. The Company performs a series of services, including authorization, electronic draft capture, file transfers to facilitate funds settlement and certain exception-based, back office support services, such as chargeback and retrieval resolution.