Stephens analyst Charles Nabhan maintained a Buy rating on Global Payments (GPN – Research Report) today and set a price target of $135.00. The company’s shares closed yesterday at $114.26.
Nabhan covers the Technology sector, focusing on stocks such as Euronet Worldwide, Fidelity National Info, and Jack Henry & Associates. According to TipRanks, Nabhan has an average return of -17.7% and a 15.79% success rate on recommended stocks.
Global Payments has an analyst consensus of Strong Buy, with a price target consensus of $153.05, representing a 33.95% upside. In a report released yesterday, Raymond James also maintained a Buy rating on the stock with a $158.00 price target.
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GPN market cap is currently $31.67B and has a P/E ratio of 510.09.
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Georgia-based Global Payments, Inc. provides payment technology and software solutions for card, electronic, check, and digital-based payments in North America, Europe, the Asia-Pacific, and Latin America. The company operates through the following segments: Merchant Solutions, Issuer Solutions and Business & Consumer Solutions.
Read More on GPN:
- Global Payments reports Q3 adjusted revenue $2.06B, consensus $2.03B
- Global Payments sees FY22 adjusted EPS $9.53-$9.75, consensus $9.39
- Global Payments reports Q3 adjusted EPS $2.48, consensus $2.48
- Global Payments downgraded to Neutral from Outperform at Exane BNP Paribas
- Global Payments price target lowered to $130 from $160 at Atlantic Equities
