Western Union Company (The) (WU) Receives Price Target

Western Union Company (The) (WU) : 12 investment research analysts covering Western Union Company (The) (WU) have an average price target of $18.88 for the near short term. The highest target price given by the Brokerage Firm to the stock is $24 and the lowest target is $15 for the short term. Analysts expect the variance to be within $2.45 of the average price.

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 3, which is also a Hold. 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.


Also, Equity Analysts at the Citigroup maintains the rating on Western Union Company (The) (NYSE:WU). The brokerage firm has issued a Sell rating on the shares. The Analysts at the ratings agency raises the price target from $15.5 per share to $17 per share. The rating by the firm was issued on August 5, 2016.

Western Union Company (The) (NYSE:WU): The stock opened at $21.52 on Thursday but the bulls could not build on the opening and the stock topped out at $21.57 for the day. The stock traded down to $21.32 during the day, due to lack of any buying support eventually closed down at $21.42 with a loss of -0.46% for the day. The stock had closed at $21.52 on the previous day. The total traded volume was 2,894,567 shares.

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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