Published On: Wed, Oct 19th, 2016

Upgrades And Downgrades For Moneygram International, Inc. (NASDAQ:MGI)


Recently stock market analysts have updated their consensus ratings on shares of Moneygram International, Inc. (NASDAQ:MGI).

Most recent broker ratings

10/11/2016 – Moneygram International, Inc. had its “neutral” rating reiterated by analysts at Compass Point. They now have a USD 8 price target on the stock.

07/12/2016 – Moneygram International, Inc. was downgraded to “neutral” by analysts at JP Morgan. They now have a USD 8 price target on the stock.

02/22/2016 – Northland Securities began new coverage on Moneygram International, Inc. giving the company a “market perform” rating.

02/12/2016 – Moneygram International, Inc. was upgraded to “strong buy” by analysts at Feltl & Co..

10/21/2015 – Moneygram International, Inc. had its “outperform” rating reiterated by analysts at William Blair.

08/03/2015 – Moneygram International, Inc. was upgraded to “hold” by analysts at Evercore ISI. They now have a USD 10 price target on the stock.

07/06/2015 – Moneygram International, Inc. had its “underperform” rating reiterated by analysts at Bank of America Merrill Lynch.

06/24/2015 – Moneygram International, Inc. was downgraded to “neutral” by analysts at Macquarie. They now have a USD 11 price target on the stock.

05/27/2015 – Goldman Sachs began new coverage on Moneygram International, Inc. giving the company a “neutral” rating. They now have a USD 11 price target on the stock.

05/07/2015 – Moneygram International, Inc. was downgraded to “hold” by analysts at Standpoint Research.

05/04/2015 – Moneygram International, Inc. was upgraded to “hold” by analysts at Zacks.

11/21/2014 – Moneygram International, Inc. was upgraded to “outperform” by analysts at Wells Fargo. They now have a USD 9.5 price target on the stock.

10/17/2014 – Sidoti began new coverage on Moneygram International, Inc. giving the company a “neutral” rating.

07/10/2014 – First Analysis began new coverage on Moneygram International, Inc. giving the company a “overweight” rating. They now have a USD 18 price target on the stock.

05/01/2014 – Moneygram International, Inc. had its “neutral” rating reiterated by analysts at Credit Suisse. They now have a USD 14 price target on the stock.

Moneygram International, Inc. has a 50 day moving average of 6.99 and a 200 day moving average of 6.78. The stock’s market capitalization is 343.65M, it has a 52-week low of 4.68 and a 52-week high of 10.92.

The share price of the company (NASDAQ:MGI) was up +0.94% during the last trading session, with a high of 6.50 and the volume of Moneygram International, Inc. shares traded was 34882.

MoneyGram International, Inc. is a provider of money transfer services. The Company operates through two segments: Global Funds Transfer and Financial Paper Products. The Company’s Global Funds Transfer segment offers money transfer services and bill payment services primarily to unbanked and underbanked consumers. It utilizes point-of-sale platforms, including AgentConnect, DeltaWorks, Delta T3 and MoneyGram Online. The bill payment service includes ExpressPayment service. The Company offers its services under the MoneyGram brand. The Company’s Financial Paper Products segment offers money orders to consumers through its retail agents and financial institutions located across the United States and Puerto Rico. Its Financial Paper Products segment provides official check outsourcing services for financial institutions across the United States. The Company also offers Digital/Self-Service solutions, such as moneygram.com, mobile solutions, account deposit and kiosk-based services.