Price Target Update on Western Union Company (The) (NYSE:WU)

Western Union Company (The) (NYSE:WU) : Currently there are 12 street experts covering Western Union Company (The) (NYSE:WU) stock. The most bullish and bearish price target for the stock is $24 and $15 respectively for the short term. The average price target of all the analysts comes to $18.71. The estimated standard deviation from the target is $2.4.

Other Equity analysts have also commented on the company shares. Compass Point initiates coverage on Western Union Company (The) (NYSE:WU). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Compass Point announces a current price target of $20 per share. The rating by the firm was issued on April 15, 2016.

Western Union Company (The) (NYSE:WU): stock turned positive on Thursday. Though the stock opened at $19.31, the bulls momentum made the stock top out at $19.38 level for the day. The stock recorded a low of $19.1945 and closed the trading day at $19.38, in the green by 1.52%. The total traded volume for the day was 2,060,598. The stock had closed at $19.09 in the previous days trading.

The company shares have dropped -8.53% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $21.15 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $19.21 and the 200 Day Moving Average price is recorded at $18.67. On the companys insider trading activities, Schenkel Amintore, officer (Chief Acct. Officer) of Western Union Co, unloaded 28,816 shares at an average price of $20.13 on April 19, 2016. The total amount of the transaction was worth $580,066, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

The Western Union Company (Western Union) is a global provider of money movement and payment services. The Company classifies its businesses into three: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Consumer-to-Consumer operating segment facilitates money transfers between two consumers, primarily through a network of third-party agents. The Consumer-to-Business operating segment facilitates bill payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies and other businesses. The Consumer-to-Business payments services are available through a variety of services that include Speedpay, Pago Facil and Western Union Payments. The Business Solutions operating segment facilitates payment and foreign exchange solutions, primarily cross-border, cross-currency transactions for small and medium size enterprises and other organizations and individuals.

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