Wirecard AG (ETR:WDI) has been assigned a €70.00 ($81.40) target price by investment analysts at Deutsche Bank AG in a report released on Wednesday, October 18th. The firm presently has a “neutral” rating on the stock. Deutsche Bank AG’s price target would suggest a potential downside of 18.50% from the stock’s previous close.
WDI has been the subject of a number of other research reports. Goldman Sachs Group, Inc. (The) set a €93.00 ($108.14) price target on Wirecard AG and gave the stock a “buy” rating in a research report on Wednesday, October 11th. Kepler Capital Markets set a €82.00 ($95.35) price objective on Wirecard AG and gave the stock a “buy” rating in a research note on Thursday, August 31st. Warburg Research set a €93.00 ($108.14) price objective on Wirecard AG and gave the stock a “buy” rating in a research note on Friday, October 6th. Credit Suisse Group set a €53.00 ($61.63) price objective on Wirecard AG and gave the stock a “neutral” rating in a research note on Tuesday, June 27th. Finally, HSBC Holdings plc set a €75.00 ($87.21) price objective on Wirecard AG and gave the stock a “buy” rating in a research report on Thursday, July 6th. Five research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Wirecard AG has an average rating of “Buy” and an average price target of €76.14 ($88.54).
Shares of Wirecard AG (ETR:WDI) traded up €0.57 ($0.66) during mid-day trading on Wednesday, reaching €85.89 ($99.87). The company had a trading volume of 287,232 shares, compared to its average volume of 495,787. Wirecard AG has a 1 year low of €38.59 ($44.87) and a 1 year high of €86.77 ($100.90).
About Wirecard AG
Wirecard AG, a technology company, engages in the provision of outsourcing and white label solutions for electronic payment transactions worldwide. The company operates through three business segments: Payment Processing & Risk Management, Acquiring & Issuing, and Call Center & Communication Services.
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