Barclays Share Price Analyst Boosts WEX Target to $170 Amid Optimistic Outlook
Barclays has turned heads with a fresh price target hike for WEX Inc., showing increasing confidence in the fintech company’s trajectory. The Barclays share price analyst behind the move, Ramsey El-Assal, raised the target from $135.00 to $170.00, a jump of nearly 26%.
That’s no minor tweak. WEX, a well-established player in financial technology services, has seen a stable analyst rating of “Equal-Weight”, both before and after the revision.
The unchanged stance suggests that while Barclays doesn’t advise buying aggressively, it clearly sees improved value on the horizon.
The new target is set to take effect from 28 July 2025. This adjustment sends a clear signal: Barclays expects something more from WEX in the near term.
Investors are now watching closely. And why wouldn’t they? A 25% uplift in target is hard to ignore, even with a neutral rating.
As recently reported, Barclays’ profits have soared by 23% despite a significant £1.1 billion in debt-related charges, underlining the bank’s robust financial positioning. It adds context to the increased optimism around their market calls, including this one on WEX.
The broader analyst consensus paints a mixed picture. Ten analysts currently peg WEX’s one-year average target price at $176.69. Some go as high as $200.00. Others stay cautious, predicting as low as $150.00. With the stock now sitting at $174.76, that puts the average expected gain at just over 1%.
In short, analysts aren’t shouting from the rooftops, but they’re not dismissing WEX either.
Digging deeper, consensus data from 15 brokerage firms puts WEX at a “Hold” rating, based on an average score of 2.7 out of 5. A 1 indicates “Strong Buy,” while 5 suggests “Sell,” placing WEX squarely in the middle.
But here’s where it gets more interesting. GuruFocus, a respected name in valuation estimates, has pinned WEX’s fair value one year from now at $251.05. That’s a potential 43.65% upside.
Their methodology? A mix of historical price multiples, business growth trends, and future performance forecasts. In short, a well-rounded take on long-term worth.
So, what does this all mean for the UK investor? While Barclays’ updated outlook doesn’t scream “buy now,” it certainly hints at rising momentum. WEX appears stable, possibly undervalued, and poised for a stronger performance in the months to come.
With the Barclays share price analysts setting a higher bar, WEX may now be heading into a more lucrative chapter.
