November 28, 2016 - By Louis Casey
JP Morgan Cazenove currently has a GBX 280.00 target price per share on the 5.41 billion GBP market cap company or 4.73% upside potential. In an analyst note shared with investors and clients on Monday morning, Worldpay Group Plc (LON:WPG) stock had its “Neutral” Rating kept by investment analysts at JP Morgan Cazenove.
Out of 11 analysts covering Worldpay Group Plc (LON:WPG), 5 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 45% are positive. GBX 400 is the highest target while GBX 269 is the lowest. The GBX 316.73 average target is 17.13% above today’s (GBX 270.4) stock price. Worldpay Group Plc has been the topic of 36 analyst reports since November 23, 2015 according to StockzIntelligence Inc. On Thursday, July 7 the stock rating was maintained by Morgan Stanley with “Overweight”. The company was maintained on Monday, June 20 by Goldman Sachs. The rating was maintained by Goldman Sachs on Monday, November 23 with “Neutral”. The firm earned “Neutral” rating on Wednesday, August 10 by BNP Paribas. The company was maintained on Wednesday, April 13 by BNP Paribas. The rating was maintained by Bryan Garnier & Cie with “Neutral” on Friday, September 30. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, September 7 report. The firm has “Outperform” rating given on Monday, July 4 by Credit Suisse. The stock of Worldpay Group PLC (LON:WPG) earned “Overweight” rating by Barclays Capital on Thursday, June 30. The company was maintained on Monday, November 14 by Credit Suisse.
About 1.53M shares traded hands. Worldpay Group PLC (LON:WPG) has declined 0.63% since April 28, 2016 and is downtrending. It has underperformed by 6.64% the S&P500.
Analysts await Washington Prime Group Inc (NYSE:WPG) to report earnings on February, 23. They expect $0.49 earnings per share, up 4.26% or $0.02 from last year’s $0.47 per share. WPG’s profit will be $91.22M for 5.23 P/E if the $0.49 EPS becomes a reality. After $0.46 actual earnings per share reported by Washington Prime Group Inc for the previous quarter, Wall Street now forecasts 6.52% EPS growth.
Worldpay Group plc is a United Kingdom company, which provides a range of technology-led payment services and products. The company has a market cap of 5.41 billion GBP. The Firm operates through four divisions: Global eCom, WPUK, WPUS and Corporate. It has a 481.14 P/E ratio. Global eCom provides a range of payment services, both online and by mobile, to accept, validate and settle payments in approximately 126 currencies across 146 countries, using any one of over 300 payment methods.
According to Zacks Investment Research, “Washington Prime Group Inc. is a retail REIT. The company is engaged in the ownership, management, acquisition and development of retail properties. Washington Prime Group Inc., formerly known as WP Glimcher Inc., is based in COLUMBUS, United States.”
Washington Prime Group Inc., formerly WP Glimcher Inc., incorporated on December 13, 2013, is a real estate investment trust (REIT). The Firm is engaged in ownership, development and management of retail real estate properties. Washington Prime Group, L.P. (WPG L.P.) is the Company’s subsidiary that owns, through its affiliates, the Company’s real estate properties and other assets. The Company’s assets consist of interests in approximately 120 shopping centers in the United States, consisting of community centers and malls. The Company’s properties consist of approximately 70 million square feet of gross leasable area. The Firm also owns parcels of land, which can be used for either the development of shopping centers or the expansion of existing properties.
More important recent Worldpay Group PLC (LON:WPG) news were published by: Bloomberg.com which released: “Worldpay Jumps 10 Percent After Biggest U.K. IPO This Year” on October 13, 2015, also Moodys.com published article titled: “Moody’s upgrades Worldpay to Ba2, outlook stable and assigns a (P)Ba2 rating …”, Fool.Co.Uk published: “Why are Barclays plc, Anglo American plc and Worldpay Group plc so cheap?” on June 18, 2016. More interesting news about Worldpay Group PLC (LON:WPG) was released by: Fool.Co.Uk and their article: “Are Tesco plc, Worldpay Group plc and Sirius Minerals plc shares about to …” with publication date: June 09, 2016.
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By Louis Casey