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Rosenblatt Securities Stick to Their Buy Rating for Global Payments Inc.

Rosenblatt Securities Stick to Their Buy Rating for Global Payments Inc.
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Rosenblatt Securities analyst Sean Horgan maintained a Buy rating on Global Payments (NYSE:GPN) Inc. on Sunday, setting a price target of $200, which is approximately 26.79% above the present share price of $157.74.

Horgan expects Global Payments Inc. to post earnings per share (EPS) of $0.12 for the fourth quarter of 2020.

The current consensus among 19 TipRanks analysts is for a Strong Buy rating of shares in Global Payments, with an average price target of $207.47.
The analysts price targets range from a high of $253 to a low of $165.

In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $1.67 billion and a net profit of $107.57 million. The company's market cap is $47.2 billion.