Key Highlights:
- Global Payments Inc. (GPN, Financial) embarks on major acquisition and divestiture, impacting share prices.
- Analyst projections reveal significant potential upside for GPN shares.
- Current brokerage consensus rates GPN as "Outperform" with a promising future valuation.
Global Payments Inc. (GPN) has unveiled a strategic move by announcing its intention to acquire Worldpay from GTCR and Fidelity National Information Services for an estimated $24.25 billion in cash and stock. Concurrently, the company plans to divest its Issuer Solutions segment to Fidelity for $13.5 billion. This ambitious decision led to a notable 16% dip in Global Payments' share value.
Wall Street Analysts Forecast
Market analysts present a promising outlook for Global Payments Inc. (GPN, Financial). With an average one-year price target set at $119.04, analysts suggest an upside potential of 71.38% from the current share price of $69.46. The highest estimate reaches a robust $194.00, while the lowest stands at $65.00. For a more comprehensive understanding of these projections, visit the Global Payments Inc (GPN) Forecast page.
The consensus from 34 brokerage firms positions Global Payments Inc (GPN, Financial) with an average recommendation of 2.4, translating to an "Outperform" rating. The rating scale utilized ranges from 1, indicating a Strong Buy, to 5, signifying a Sell.
Moreover, GuruFocus estimates Global Payments Inc's (GPN, Financial) future GF Value at $124.43 within a year, indicating a potential upside of 79.14% from the current market price of $69.46. The GF Value reflects the fair trading value of the stock, calculated from historical multiples, past business growth, and projected future performance. For more detailed insights, refer to the Global Payments Inc (GPN) Summary page.
