Euronet Worldwide Upgraded At Zacks (EEFT)

July 12, 2015 Nemes Worldwide News

Euronet Worldwide (NASDAQ: EEFT) was updated by Zacks from a hold score to a strong-buy score in a report provided on Thursday, Analyst Ratings.Net reports. The company currently has a $71.00 cost objective on the stock. Zacks‘‘ s target price recommends a possible benefit of 15.52 % from the business’s current rate.

According to Zacks, Euronet Solutions Inc. is a market leader in supplying protected electronic financial deal solutions. The business provides financial payment middleware, financial network entrances, contracting out and getting in touch with services to monetary organizations and mobile operators. (Press Release)

EEFT has actually been the subject of a number of other recent research reports. Analysts at Monness Crespi # 038; Hardt raised their rate target on shares of Euronet Worldwide from $65.00 to $67.00 and offered the business a buy score in a research note on Wednesday, June 24th. Independently, experts at Avondale Partners downgraded shares of Euronet Worldwide from an outperform score to a market perform score in a research study note on Thursday, April 30th.

In other Euronet Worldwide news, Director Eriberto R. Scocimara offered 5,000 shares of the stock in a transaction that occurred on Friday, Might 22nd. The stock was sold at an average cost of $60.29, for a total value of $301,450.00. The transaction was revealed in a legal filing with the Securities amp; Exchange Commission, which is readily available at this link. Also, CEO Michael J. Brown offered 57,998 shares of the stock in a transaction that took place on Wednesday, April 29th. The shares were soldcost a typical rate of $60.49, for a total value of $3,508,299.02. The disclosure for this sale can be found here.

Euronet Worldwide (NASDAQ: EEFT) traded up 0.03 % throughout mid-day trading on Thursday, hitting $61.46. 153,162 shares of the business’s stock traded hands. Euronet Worldwide has a one year low of $43.92 and a one year high of $63.00. The stock’s 50-day moving average is $60.63 and its 200-day moving average is $56.50. The company has a market cap of $3.19 billion and a P/E ratio of 35.75.

Euronet Worldwide, Inc. (NASDAQ: EEFT) is a global electronic payments carrier. The Company provides payment and transaction processing and distribution solutions to financial organizations, sellers, service suppliers and individual consumers. Its main product offerings include automated teller device (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant obtaining services, electronic distribution of pre-paid mobile airtime and other electronic payment products, and international consumer cash transfer services. The Business operates in three segments: the EFT Processing Section, the epay Sector and the Cash Transfer Sector. The Company has 9 deal processing centers, including 4 in Europe, three in Asia Pacific and 2 in North America. The Company serves consumers in approximately 155 countries.

To get a totally free copy of the research study report on Euronet Worldwide (EEFT), click right here. For more informationFor more details about research offerings from Zacks Investment Research, see Zacks.com

Get News Scores for Euronet Worldwide Daily – Enter your email address listed below to receive a concise day-to-day summary of the latestthe most recent news and experts scores for Euronet Worldwide and related companies with MarketBeat.coms FREE everyday email newsletter.

Worldwide News,

Comments are currently closed.