Short Term Rating on Global Payments (GPN)

Global Payments (GPN) : Zacks Investment Research ranks Global Payments (GPN) as 3, which is a Hold recommendation. 9 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 10 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 22 research analysts is 2.18, which indicates as a Buy.

Global Payments (GPN) : 15 Wall Street analysts covering Global Payments (GPN) believe that the average level the stock could reach for the short term is $77.67. The maximum price target given is $90 and the minimum target for short term is around $68, hence the standard deviation is calculated at $6.26.

For the current week, the company shares have a recommendation consensus of Buy.


Global Payments (NYSE:GPN): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $75.27 and $74.96 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $75.81. The buying momentum continued till the end and the stock did not give up its gains. It closed at $75.44, notching a gain of 0.86% for the day. The total traded volume was 1,195,236 . The stock had closed at $74.80 on the previous day.

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.

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