JP Morgan Downgrades Global Payments to “Neutral” (GPN)
Because the electronic payments industry is facing increased regulatory scrutiny, JP Morgan analysts downgraded Global Payments Inc (GPN) to “Neutral” on Wednesday.
Global Payments shares were inactive during pre-market trading on Wednesday. The stock is up 5.17% year-to-date.
The Bottom Line
Shares of Global Payments (GPN) offer a dividend yield of 0.17% based on last night’s closing price of $47.64 and the company’s annualized dividend payout of 8 cents per share.
Global Payments Inc (GPN) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
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