Western Union Company (The) with ticker code (WU) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 25 and 16 calculating the mean target price we have 20.64. Now with the previous closing price of 18.47 this would indicate that there is a potential upside of 11.7%. The 50 day moving average now sits at 17.76 and the 200 moving average now moves to 21.61. The company has a market capitalisation of $7,397m. Company Website: https://www.westernunion.com
The potential market cap would be $8,266m based on the market concensus.
The Western Union Company provides money movement and payment services worldwide. It operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents and sub-agents. This segment offers international cross-border transfers and intra-country transfers, as well as money transfer transactions through websites and mobile devices. The Business Solutions segment provides payment and foreign exchange solutions, primarily cross-border and cross-currency transactions for small and medium size enterprises, other organizations, and individuals; and foreign currency forward and option contracts. The company also offers bill payment services that facilitates payments from consumers to businesses and other organizations, as well as offers money order and other services. It serves primarily through a network of agents. The Western Union Company was founded in 1851 and is headquartered in Denver, Colorado.
