A Glimpse Into The Expert Outlook On Global Payments Through 14 Analysts
Portfolio Pulse from Benzinga Insights
In the past three months, 14 analysts have provided diverse ratings for Global Payments (NYSE:GPN), with a shift towards more bullish and neutral stances in recent evaluations. The average 12-month price target for GPN has been raised to $159.93, indicating a 10.46% increase from the previous target. Analyst actions include maintaining, raising, and lowering ratings and price targets, reflecting dynamic market conditions and company performance. Global Payments, a leader in payment processing and software solutions, merged with Total System Services in 2019, enhancing its issuer processing operations. Despite positive revenue growth, the company's ROE and ROA lag behind industry averages, presenting potential challenges.
March 27, 2024 | 6:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Global Payments has seen a shift towards more bullish and neutral ratings from analysts, with an updated average 12-month price target of $159.93, indicating a potential upside. The company's recent merger and revenue growth are positive, but lagging ROE and ROA could be concerns.
The increase in the average 12-month price target and the shift towards more bullish and neutral ratings suggest a positive short-term outlook for GPN. However, concerns about ROE and ROA lagging behind industry averages may temper optimism. The recent merger with Total System Services and revenue growth are key factors supporting the positive sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100