Nomura Believes Worldpay Inc (NYSE: WP) Won’t Stop Here

By Austin Angelo

Nomura analyst Dan Dolev maintained a Buy rating on Worldpay Inc (NYSE: WP) on August 9. The company’s shares closed on Friday at $92.14, close to its 52-week high of $92.47.

According to TipRanks.com, Dolev is a 5-star analyst with an average return of 16.1% and a 69.8% success rate. Dolev covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, ARAMARK Holdings, and Moody’s Corp.

Worldpay Inc has an analyst consensus of Strong Buy, with a price target consensus of $99.53, an 8.0% upside from current levels. In a report issued on August 9, Cantor Fitzgerald also maintained a Buy rating on the stock with a $92 price target.

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The company has a one-year high of $92.47 and a one-year low of $67.71. Currently, Worldpay Inc has an average volume of 2.36M.

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Worldpay, Inc. engages in payments processing technology and solutions. Its products include card machines, integrated point-of-sale, virtual terminal, card payments, mobile wallets, accounting integration, ATM services, Treasury services, PCI compliance, EMV and other. The company was founded on January 2018 and is headquartered in Symmes Township, OH.