RBC Capital analyst Daniel Perlin maintained a Hold rating on Western Union (NYSE:WU) on Tuesday, setting a price target of $27, which is approximately 8.04% above the present share price of $24.99.
Perlin expects Western Union to post earnings per share (EPS) of $0.43 for the second quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Hold rating of shares in Western Union, with an average price target of $26.27.
The analysts price targets range from a high of $32 to a low of $21.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.27 billion and a net profit of $227.1 million. The company's market cap is $10.25 billion.
According to TipRanks.com, RBC Capital analyst Daniel Perlin is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 33.6% and a 81.38% 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.