Bank of America Securities analyst Jason Kupferberg has maintained their bullish stance on GPN stock, giving a Buy rating on January 27.
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Jason Kupferberg has given his Buy rating due to a combination of factors including Global Payments’ alignment with their Investor Day targets and the strong financial metrics expected for 2025. The company is projected to achieve a 5%-6% growth in adjusted net revenues and a 10%-11% increase in adjusted EPS, which aligns with previously set goals, demonstrating consistency in performance expectations.
Furthermore, Global Payments has shown solid performance in the fourth quarter, with adjusted revenue growth and an improvement in free cash flow conversion. The company’s attractive valuation, along with its plan for significant capital return to shareholders and an accelerated share buyback, adds to the positive outlook. These factors, coupled with the anticipated execution of transformation initiatives, underpin Kupferberg’s confidence in the company’s future prospects.
In another report released on January 27, Raymond James also maintained a Buy rating on the stock with a $131.00 price target.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GPN in relation to earlier this year.