Analyst Hannes Leitner of Jefferies maintained a Buy rating on WAG Payment Solutions Plc (WPS – Research Report), reducing the price target to p107.00.
Hannes Leitner has given his Buy rating due to a combination of factors that highlight the improving quality of WAG Payment Solutions Plc. The company’s 2024 results showed significant developments, including the introduction of new key performance indicators, a special dividend, and changes in both management and the board. These factors, along with the completion of transformation capital expenditures, indicate a positive trajectory for the company’s underlying business quality.
Despite some caution regarding the macroeconomic environment, which remains uncertain and at the lower end of guidance, the valuation of WAG Payment Solutions Plc continues to be appealing. The enhancements in customer engagement through the EW Office and improvements in internal processes are expected to further bolster the company’s performance. These elements collectively support the Buy rating, suggesting potential growth and value for investors.