Truist Securities Initiates Coverage of Global Payments with Hold Rating

On June 2, 2025, Truist Securities began coverage of Global Payments (BIT:1GPN), issuing a Hold recommendation.

Analyst Price Forecast Indicates 32.02% Upside Potential

The average one-year price target for Global Payments is €87.98/share as of June 2, 2025. Price forecasts range from €56.65 to €178.51, reflecting a potential increase of 32.02% from the latest closing price of €66.64/share.

Projected Annual Performance Metrics

Global Payments is expected to achieve annual revenue of €10,100 million, marking a slight increase of 0.02%. Projected non-GAAP EPS stands at 13.19.

Fund Sentiment Overview

In total, 1,669 funds or institutions hold positions in Global Payments, which is a decrease of 37 owners or 2.17% from the last quarter. The average portfolio weight for all reporting funds dedicated to 1GPN is 0.31%, an increase of 8.86%. Total shares owned by institutions dipped 0.82% to 265,080,000 shares in the past three months.

Institutional Shareholder Changes

Bank of America holds 9,464,000 shares, representing 3.88% ownership, up from 5,963,000 shares, which is a 37.00% increase. However, the firm’s portfolio allocation in 1GPN decreased by 66.69% last quarter.

Pzena Investment Management owns 8,334,000 shares (3.42% ownership), up slightly from 8,299,000 shares (0.42% increase) but with a portfolio allocation drop of 11.20% over the last quarter.

Synovus Financial’s holdings decreased by 0.50% to 7,480,000 shares, which represents 3.07% ownership, alongside a 51.06% drop in portfolio allocation.

Ameriprise Financial owns 7,099,000 shares (2.91% ownership), down from 7,255,000 shares, reflecting a decrease of 2.21%. The firm’s portfolio allocation declined by 83.33% over the last quarter.

Geode Capital Management holds 6,335,000 shares, representing 2.60% ownership, up from 6,230,000 shares, an increase of 1.65%. However, the firm’s portfolio allocation decreased by 52.33% last quarter.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.