UBS Group Reiterates “€220.00” Price Target for Wirecard (WDI)

UBS Group set a €220.00 ($255.81) target price on Wirecard (ETR:WDI) in a report released on Monday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also recently weighed in on the stock. Credit Suisse Group set a €200.00 ($232.56) price objective on shares of Wirecard and gave the stock a buy rating in a research report on Wednesday, October 17th. Baader Bank set a €198.00 ($230.23) target price on shares of Wirecard and gave the stock a buy rating in a report on Wednesday, October 17th. Metzler set a €206.00 ($239.53) target price on shares of Wirecard and gave the stock a buy rating in a report on Friday, October 12th. HSBC set a €235.00 ($273.26) target price on shares of Wirecard and gave the stock a buy rating in a report on Friday, October 12th. Finally, Warburg Research set a €205.00 ($238.37) target price on shares of Wirecard and gave the stock a buy rating in a report on Thursday, October 11th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and fourteen have given a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of €187.30 ($217.79).

ETR:WDI opened at €161.65 ($187.97) on Monday. Wirecard has a fifty-two week low of €47.90 ($55.70) and a fifty-two week high of €111.00 ($129.07).

Wirecard Company Profile

Wirecard AG, a technology company, provides outsourcing and white label solutions for electronic payment transactions worldwide. The company operates through three segments: Payment Processing & Risk Management, Acquiring & Issuing, and Call Center & Communication Services. The Payment Processing & Risk Management segment provides products and service for the acceptance or transactions, and the processing of electronic payments and associated processes.

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