Report

Laissons-nous encore porter un moment - ACHAT - OBJECTIF : 74€ (vs 70€)

Lors de la publication des résultats T2 2017 définitifs la semaine dernière, Wirecard a une nouvelle fois montré une dynamique de croissance organique impressionnante (>+25% sur le CA et l’EBITDA) complétée par des acquisitions significatives (Citi Prepaid) plus rapidement intégrées que prévu. Après déjà 5 relèvements de notre objectif de cours depuis début 2017, nous l’augmentons à nouveau de 70€ à 74€, les commentaires du management sur le caractère conservateur des guidances (2017 et surtout 2020) nous conduisant à intégrer dans nos estimations de nouveaux relèvements au cours des prochains mois.
Underlying
Wirecard AG

Wirecard is engaged in the business of global payment processing, risk management and payment acceptance, as well as card issuing. Co. operates in three segments: Payment Processing & Risk Management, which comprises of products and service for the acceptance or implementation and the downstream processing of electronic payments and the associated processes; Acquiring & Issuing, which includes acceptance (acquiring) and issuing credit cards and prepaid cards, as well as account and payment transaction services; and Call Center & Communication Services, which comprises all of the products and services that address the call centre assisted support of corporate and private customers.

Provider
Invest Securities
Invest Securities

Since 2006, Invest Securities has become one of the leading players in investment services for funds and managers, to whom we offer a global and personalised service. Our track record differentiates us and proves our leadership in numerous promising sectors like property and growth companies.

Consisting of 13 different profiles (pharmacist, engineer, financier, etc), the DNA of our financial analysis office is value added and sector expertise. Through daily monitoring and detailed analyses of companies and sectors, we seek to provide a differentiating vision of our 120 stocks followed. Our ideas are circulated every day to nearly 1,000 professionals.

Other Reports on these Companies
Other Reports from Invest Securities
Jamila El Bougrini ... (+2)
  • Jamila El Bougrini
  • Thibaut Voglimacci-Stephanopoli
Jamila El Bougrini ... (+2)
  • Jamila El Bougrini
  • Thibaut Voglimacci-Stephanopoli

ResearchPool Subscriptions

Get the most out of your insights

Get in touch