Western Union Company (The) (WU) has an average broker rating of 3.02, which is interpreted as a Hold, as rated by 19 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 12 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell. 3 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
Western Union Company (The) (WU) : The highest short term price target forecast on Western Union Company (The) (WU) is $24 and the lowest target price is $15. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $18.71 with a standard deviation of $2.4.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Barclays downgrades the rating on Western Union Company (The) (NYSE:WU). The brokerage firm has issued a Underweight rating on the shares. The shares were previously rated Equal-weight. The Analysts at the ratings agency maintains the price target to $20 per share. The rating by the firm was issued on July 7, 2016.
Western Union Company (The) (NYSE:WU): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.58 and $19.58 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.92, notching a gain of 1.48% for the day. The total traded volume was 4,709,626 . The stock had closed at $19.63 on the previous day.
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.