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Berenberg Bank Reaffirms Buy Rating for W.A.G payment solutions (LON:WPS)

W.A.G payment solutions logo with Computer and Technology background

Key Points

  • Berenberg Bank has reissued a "buy" rating for W.A.G payment solutions, with a price target of GBX 120, indicating a potential upside of 23.71% from the current stock price.
  • The stock opened at GBX 97 and has seen a 1-year price fluctuation, with a low of GBX 57 and a high of GBX 103.
  • W.A.G payment solutions is a leading technology company in Europe's commercial road transport industry, focusing on transitioning to a low carbon, digital future.
  • Five stocks we like better than W.A.G payment solutions.

W.A.G payment solutions (LON:WPS - Get Free Report)'s stock had its "buy" rating reiterated by equities research analysts at Berenberg Bank in a research note issued on Thursday, MarketBeat.com reports. They currently have a GBX 120 target price on the stock. Berenberg Bank's price target suggests a potential upside of 13.21% from the company's previous close.

W.A.G payment solutions Stock Performance

WPS stock traded up GBX 8.20 during midday trading on Thursday, hitting GBX 106. 335,789 shares of the company traded hands, compared to its average volume of 303,619. W.A.G payment solutions has a twelve month low of GBX 57 and a twelve month high of GBX 106. The company has a quick ratio of 1.28, a current ratio of 0.97 and a debt-to-equity ratio of 161.47. The business has a 50 day simple moving average of GBX 88.13 and a 200-day simple moving average of GBX 73.55. The stock has a market capitalization of £733.72 million, a price-to-earnings ratio of 27,179.49 and a beta of 0.13.

W.A.G payment solutions Company Profile

(Get Free Report)

Eurowag was founded in 1995 and is a leading technology company and an important partner to Europe's commercial road transport industry, with a purpose to make it clean, fair and efficient. Eurowag enables trucking companies to successfully transition to a low carbon, digital future by harnessing all mission critical data, insights and payment and financing transactions into a single ecosystem and connects their operations seamless before a journey, on the road and postdelivery. Please visit our website https://investors.eurowag.com for more information.

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