Corpay (NYSE:CPAY) Price Target Increased to $376.00 by Analysts at Robert W. Baird

Corpay (NYSE:CPAY) had its price objective increased by research analysts at Robert W. Baird from $355.00 to $376.00 in a research note issued on Thursday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Robert W. Baird’s price objective would suggest a potential upside of 22.80% from the stock’s current price.

Corpay Trading Up 0.4 %

Shares of NYSE CPAY opened at $306.20 on Thursday. The company has a market cap of $22.11 billion, a PE ratio of 23.20, a PEG ratio of 1.20 and a beta of 1.23. Corpay has a 1-year low of $204.04 and a 1-year high of $319.94. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.04 and a current ratio of 1.04.

Institutional Investors Weigh In On Corpay

An institutional investor recently bought a new position in Corpay stock. GAMMA Investing LLC bought a new stake in Corpay Inc (NYSE:CPAY) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 482 shares of the company’s stock, valued at approximately $149,000. 98.84% of the stock is owned by hedge funds and other institutional investors.

Corpay Company Profile

FLEETCOR Technologies, Inc is a global commercial payments solution provider. Through its portfolio of brands, FLEETCOR helps companies automate, secure, digitize and control payments to, or on behalf of, their employees and suppliers. FLEETCOR serves businesses, partners and merchants in North America, Latin America, Europe, and Asia Pacific.