Barclays (LON:BARC) analyst Ramsey El Assal maintained a Sell rating on Western Union (NYSE:WU) on Tuesday, setting a price target of $18, which is approximately 2.76% below the present share price of $18.51.
El Assal expects Western Union to post earnings per share (EPS) of $0.54 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Sell rating of shares in Western Union, with an average price target of $21.5.
The analysts price targets range from a high of $27 to a low of $18.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.29 billion and a net profit of $254.9 million. The company's market cap is $7.52 billion.
According to TipRanks.com, Barclays analyst Ramsey El Assal is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.0% and a 65.27% success rate.
The Western Union Co. is a holding company, which engages in the provision of money transfer and payment services. It operates through the following segments: Consumer-to-Consumer; Business Solutions; and Other. The Consumer-to-Consumer segment facilitates money transfers between two consumers. The Business Solutions segment offers payment and foreign exchange solutions, primarily cross-border, cross-currency transactions, for small and medium size enterprises and other organizations and individuals. The Other segment comprises electronic-based and cash-based bill payment services. The company was founded in 1851 and is headquartered in Denver, CO.