Nord/LB Reiterates “€145.00” Price Target for Wirecard (ETR:WDI)

Wirecard (ETR:WDI) has been assigned a €145.00 ($168.60) price objective by equities researchers at Nord/LB in a report released on Monday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Nord/LB’s target price suggests a potential upside of 21.75% from the company’s current price.

WDI has been the subject of a number of other research reports. Baader Bank set a €230.00 ($267.44) price objective on Wirecard and gave the company a “buy” rating in a research note on Friday. JPMorgan Chase & Co. set a €165.00 ($191.86) price objective on Wirecard and gave the company a “neutral” rating in a research note on Monday. Berenberg Bank set a €210.00 ($244.19) price objective on Wirecard and gave the company a “buy” rating in a research note on Wednesday, October 9th. Goldman Sachs Group set a €230.00 ($267.44) price objective on Wirecard and gave the company a “buy” rating in a research note on Tuesday, October 8th. Finally, Deutsche Bank set a €200.00 ($232.56) price objective on Wirecard and gave the company a “buy” rating in a research note on Thursday, October 10th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and fourteen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of €190.45 ($221.45).

WDI stock traded up €7.45 ($8.66) during mid-day trading on Monday, reaching €119.10 ($138.49). The company’s stock had a trading volume of 2,093,995 shares, compared to its average volume of 582,572. The company has a market cap of $14.76 billion and a price-to-earnings ratio of 34.45. The business’s 50 day moving average price is €145.04 and its 200 day moving average price is €141.42. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 83.33. Wirecard has a 12 month low of €86.00 ($100.00) and a 12 month high of €178.40 ($207.44).

Wirecard Company Profile

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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Analyst Recommendations for Wirecard (ETR:WDI)

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