Flywire (FLYW) Gets a Buy Rating from RBC Capital

In a report issued on July 20, Daniel Perlin from RBC Capital maintained a Buy rating on Flywire (FLYWResearch Report), with a price target of $34.00. The company’s shares closed last Friday at $22.93.

According to, Perlin is a 5-star analyst with an average return of 9.3% and a 51.6% success rate. Perlin covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, TELUS International (CDA), and Jack Henry & Associates.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Flywire with a $30.67 average price target, which is a 32.9% upside from current levels. In a report issued on July 14, Goldman Sachs also upgraded the stock to Buy with a $30.00 price target.

See today’s best-performing stocks on TipRanks >>

Flywire’s market cap is currently $2.45B and has a P/E ratio of -82.53.

Based on the recent corporate insider activity of 78 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FLYW in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Flywire Corp provides a secure global payments platform, offering its clients an innovative and streamlined process to receive reconciled domestic and international payments in a more cost effective and efficient manner. The company’s solutions are built on three core elements namely a payments platform; a proprietary global payment network and vertical-specific software backed by its deep industry expertise.

Read More on FLYW:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More