Independent Research Reiterates “€134.00” Price Target for Wirecard (ETR:WDI)

Independent Research set a €134.00 ($155.81) price objective on Wirecard (ETR:WDI) in a research report released on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other research analysts have also commented on WDI. UBS Group set a €151.00 ($175.58) price objective on Wirecard and gave the company a neutral rating in a report on Wednesday. JPMorgan Chase & Co. set a €165.00 ($191.86) price objective on Wirecard and gave the company a neutral rating in a report on Wednesday. Hauck & Aufhaeuser set a €270.00 ($313.95) price objective on Wirecard and gave the company a buy rating in a report on Wednesday, October 23rd. Kepler Capital Markets set a €220.00 ($255.81) price objective on Wirecard and gave the company a buy rating in a report on Wednesday. Finally, Berenberg Bank set a €210.00 ($244.19) price objective on Wirecard and gave the company a buy rating in a report on Wednesday, October 9th. Two analysts have rated the stock with a sell rating, four have given a hold rating and fourteen have assigned a buy rating to the company’s stock. Wirecard presently has a consensus rating of Buy and an average price target of €186.65 ($217.03).

Shares of ETR WDI opened at €116.05 ($134.94) on Wednesday. The company has a debt-to-equity ratio of 83.33, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a market cap of $14.34 billion and a price-to-earnings ratio of 33.57. The business’s 50-day simple moving average is €130.30 and its 200-day simple moving average is €141.78. Wirecard has a 52 week low of €86.00 ($100.00) and a 52 week high of €170.70 ($198.49).

Wirecard Company Profile

Wirecard AG, a technology company, provides outsourcing and white label solutions for electronic payment transactions worldwide. The company operates through three segments: Payment Processing & Risk Management, Acquiring & Issuing, and Call Center & Communication Services. The Payment Processing & Risk Management segment provides products and service for the acceptance or transactions, and the processing of electronic payments and associated processes.

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Analyst Recommendations for Wirecard (ETR:WDI)

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