UBS Group set a €220.00 ($255.81) price objective on Wirecard (ETR:WDI) in a research report sent to investors on Tuesday, October 2nd, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
A number of other research analysts have also recently commented on the company. Kepler Capital Markets set a €225.00 ($261.63) price target on Wirecard and gave the stock a buy rating in a report on Monday, September 3rd. Barclays set a €240.00 ($279.07) price target on Wirecard and gave the stock a buy rating in a report on Wednesday, September 5th. Berenberg Bank set a €210.00 ($244.19) price target on Wirecard and gave the stock a buy rating in a report on Wednesday, September 26th. Commerzbank set a €230.00 ($267.44) price objective on Wirecard and gave the stock a buy rating in a research note on Tuesday, September 25th. Finally, Credit Suisse Group set a €200.00 ($232.56) price objective on Wirecard and gave the stock a neutral rating in a research note on Friday, September 28th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have assigned a buy rating to the company. Wirecard has an average rating of Buy and an average price target of €187.30 ($217.79).
ETR:WDI traded up €3.35 ($3.90) on Tuesday, hitting €165.20 ($192.09). The stock had a trading volume of 1,011,031 shares, compared to its average volume of 582,572. Wirecard has a 52-week low of €47.90 ($55.70) and a 52-week high of €111.00 ($129.07).
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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