Royal Bank of Canada Raises Global Payments Price Target to $102.00

Global Payments Inc (NYSE:GPN) has seen its price target raised by Royal Bank of Canada to $102.00 from $96.00 in a recent research note, according to Benzinga.

The firm currently has a 'sector perform' rating on the business services provider's stock, indicating a potential upside of 11.03% from the company's current price.

Global Payments had previously been covered by several other analysts who have issued varying predictions and ratings. Citigroup restated its 'buy' rating on shares of Global Payments in August, while Deutsche Bank Aktiengesellschaft reduced their price target to $70.00 from $75.00 and set a 'hold' rating for the company.