Fintel reviews that on May 5, 2023, Evercore ISI Group reiterated protection of Global Payments (NYSE:GPN) with a In-Line advice.
Analyst Price Forecast Suggests 40.10% Upside
As of April 24, 2023, the typical one-year price target for Global Payments is 142.17. The forecasts vary from a low of 89.89 to a excessive of $218.40. The common worth goal represents a rise of 40.10% from its newest reported closing worth of 101.48.
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The projected annual income for Global Payments is 8,614MM, a lower of 5.46%. The projected annual non-GAAP EPS is 10.54.
What is the Fund Sentiment?
There are 1662 funds or institutions reporting positions in Global Payments. This is a lower of 42 proprietor(s) or 2.46% within the final quarter. Average portfolio weight of all funds devoted to GPN is 0.31%, a lower of 16.09%. Total shares owned by establishments decreased within the final three months by 3.38% to 272,986K shares. The put/call ratio of GPN is 0.78, indicating a bullish outlook.
What are Other Shareholders Doing?
Wellington Management Group Llp holds 14,932K shares representing 5.70% possession of the corporate. In it is prior submitting, the agency reported proudly owning 18,857K shares, representing a lower of 26.29%. The agency decreased its portfolio allocation in GPN by 31.48% during the last quarter.
Price T Rowe Associates holds 12,589K shares representing 4.81% possession of the corporate. In it is prior submitting, the agency reported proudly owning 14,071K shares, representing a lower of 11.77%. The agency decreased its portfolio allocation in GPN by 19.25% during the last quarter.
Synovus Financial holds 8,225K shares representing 3.14% possession of the corporate. In it is prior submitting, the agency reported proudly owning 8,221K shares, representing a rise of 0.04%. The agency decreased its portfolio allocation in GPN by 14.35% during the last quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 7,853K shares representing 3.00% possession of the corporate. In it is prior submitting, the agency reported proudly owning 8,263K shares, representing a lower of 5.21%. The agency decreased its portfolio allocation in GPN by 19.32% during the last quarter.
Orbis Allan Gray holds 6,360K shares representing 2.43% possession of the corporate. In it is prior submitting, the agency reported proudly owning 5,746K shares, representing a rise of 9.65%. The agency decreased its portfolio allocation in GPN by 1.49% during the last quarter.
Global Payments Background Information
(This description is supplied by the corporate.)
Global Payments Inc. is a number one pure play funds expertise firm delivering progressive software program and providers to its prospects globally. Its applied sciences, providers and worker experience allow the corporate to supply a broad vary of options that enable its prospects to function their companies extra effectively throughout quite a lot of channels all over the world.
See all Global Payments regulatory filings.
This story initially appeared on Fintel.
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