In a report released today, Ramsey El Assal from Barclays maintained a Buy rating on Global Payments (GPN – Research Report), with a price target of $170.00. The company’s shares closed last Friday at $134.19.
According to TipRanks, El Assal is a 4-star analyst with an average return of 2.4% and a 53.94% success rate. El Assal covers the Technology sector, focusing on stocks such as Cognizant, FLEETCOR Technologies, and Affirm Holdings.
In addition to Barclays, Global Payments also received a Buy from Susquehanna’s James Friedman in a report issued on February 15. However, on the same day, J.P. Morgan maintained a Hold rating on Global Payments (NYSE: GPN).
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GPN market cap is currently $34.62B and has a P/E ratio of 35.61.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is neutral on the stock.
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Global Payments (GPN) Company Description:
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 price target raised to $163 from $145 at Argus
- Global Payments price target raised to $172 from $154 at RBC Capital
- Global Payments price target raised to $204 from $186 at B. Riley
- Global Payments price target lowered to $180 from $185 at Evercore ISI
- Global Payments price target raised to $160 from $150 at Susquehanna
