Global Payments Inc. with ticker code (GPN) now have 28 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 240 and 132 calculating the average target price we see 167.43. Given that the stocks previous close was at 136.46 this is indicating there is a potential upside of 22.7%. The day 50 moving average is 124.32 and the 200 moving average now moves to 130.21. The market capitalisation for the company is $36,633m. Visit the company website at: https://www.globalpaymentsinc.com
The potential market cap would be $44,947m based on the market concensus.
Global Payments Inc. provides payment technology and software solutions for card, electronic, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Merchant Solutions, Issuer Solutions, and Business and Consumer Solutions. The Merchant Solutions segment offers authorization services, settlement and funding services, customer support and help-desk functions, chargeback resolution, terminal rental, sales and deployment, payment security services, consolidated billing and statements, and on-line reporting services. This segment also provides an array of enterprise software solutions that streamline business operations of its customers in various vertical markets; and value-added services, such as point-of-sale solutions, and analytic and engagement tools, as well as payroll and human capital management services. The Issuer Solutions segment offers solutions that enable financial institutions and retailers to manage their card portfolios through a platform; and commercial payments and ePayables solutions for businesses and governments. The Business and Consumer Solutions segment provides general-purpose reloadable prepaid debit and payroll cards, demand deposit accounts, and other financial service solutions to the underbanked and other consumers, and businesses under the Netspend brand. It markets its products and services through direct sales force, trade associations, agent and enterprise software providers, referral arrangements with value-added resellers, and independent sales organizations. The company was founded in 1967 and is headquartered in Atlanta, Georgia.
