logo-loader

Worldpay set to smash through the £3 barrier, claims analyst

Published: 09:45 24 Jan 2017 GMT

Leading technical analysts Zak Mir is tipping the share price of payments processing firm Worldpay Group PLC (LON:WPG) to break out of its trading range and head past the £3 mark.

“We’ve got the shares in a trading range between £2.50 and £3.10 and we’re right in the middle of that range at the moment,” Mir says in the Proactive Investors Bulletin Board.

“While above the 50-day moving average at £2.72, the shares should push towards the top of the trading range at £.10 to £3.20 over the next couple of months.”

FTSE rises ahead of Easter weekend, JD Sport gains on upbeat outlook -...

The FTSE 100 gained on the final morning of this shortened Easter trading week. Festive cheer was limited though, as Thames Water confirmed shareholders would not provide it with a £500 million rescue package, prompting speculation over the London supplier’s future. On a more positive...

1 hour, 14 minutes ago