Short Term Price Target on Western Union Company (The) (WU)

Western Union Company (The) (NYSE:WU) : The consensus price target for Western Union Company (The) (NYSE:WU) is $18.71 for the short term with a standard deviation of $2.4. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $24, however, the pessimist price target for the company is $15.

The Western Union Company has lost 1.03% in the last five trading days and dropped 0.6% in the last 4 weeks. The Western Union Company has dropped 0.76% during the last 3-month period . Year-to-Date the stock performance stands at 8.91%. Also, Compass Point initiates coverage on Western Union Company (The) (NYSE:WU).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, Compass Point announces the price target of $20 per share. The rating by the firm was issued on April 15, 2016.

Western Union Company (The) (NYSE:WU) : The consensus on Western Union Company (The) (NYSE:WU) based on 20 analyst recommendation on the company stock is 3.02, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 13 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 3 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Western Union Company (The) (NYSE:WU).

Western Union Company (The) (NYSE:WU): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.84 and $18.74 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.18, notching a gain of 1.91% for the day. The total traded volume was 3,508,755 . The stock had closed at $18.82 on the previous day.

In an insider trading activity, 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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