Based on the provided data and recent analyst reports, here's a concise analysis of Western Union (WU):
Technical Analysis
Analyst Consensus & Price Targets
Recent analyst ratings show a predominantly cautious stance:
- JMP Securities: Hold rating
- KBW: Hold rating
- Northland Securities: Buy rating
- Barclays: Sell rating with $10 price target
- Average price target: $11.77 (10.93% upside from current levels)
Financial Performance
- Latest quarterly revenue: $1.04 billion
- Net profit: $264.8 million (significant increase from $171 million year-over-year)
- Current trading price around $10.61
- 52-week range: $10.04 - $14.19
Recent Developments
Western Union recently partnered with Penny Pinch to launch international money transfer services in the Eastern Caribbean, demonstrating continued efforts to expand digital presence and global reach.
Recommendation
Given the mixed analyst ratings, declining price targets, and current technical indicators, a HOLD position is recommended at current levels.