Hannes Leitner, an analyst from Jefferies, maintained the Buy rating on WAG Payment Solutions Plc (WPS – Research Report). The associated price target was lowered to p103.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Hannes Leitner has given his Buy rating due to a combination of factors that highlight WAG Payment Solutions Plc’s strategic positioning and potential for growth. Despite adjusting estimates to the lower end of the 2025 guidance range, Leitner acknowledges the company’s robust platform strategy, which is expected to support its medium-term growth prospects.
Although macroeconomic challenges are anticipated to persist, potentially affecting the pace of revenue growth, the company’s strategic initiatives and alternative data insights, such as the Diesel Tracker and German Toll Index, suggest resilience and adaptability in a competitive market. These elements collectively contribute to Leitner’s positive outlook on the stock, warranting a Buy recommendation.