Barclays analyst Ramsey El Assal maintained a Buy rating on Global Payments (GPN – Research Report) today and set a price target of $145.00. The company’s shares closed yesterday at $109.06.
El Assal covers the Technology sector, focusing on stocks such as Fiserv, Cognizant, and WEX. According to TipRanks, El Assal has an average return of 1.5% and a 52.10% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Global Payments with a $162.04 average price target.
The company has a one-year high of $141.51 and a one-year low of $94.57. Currently, Global Payments has an average volume of 2.21M.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GPN in relation to earlier this year. Last month, John Thompson Turner, a Director at GPN bought 5,712.00 shares for a total of $224,024.64.
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.
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.
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