# WEX Inc. – Consensus ‘buy’ rating and 19.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/wex-inc.consensus-buy-rating-and-19.7-upside-potential/4121130188
- Published: 2023-10-20T14:51:58+01:00
- Author: Charlotte Edwards

**WEX Inc.** which can be found using ticker (WEX) have now 13 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The target price
High/Low ranges between 275 and 194 suggesting an average Analsyt target price of
$230.08. Now with the previous closing price of $192.27 this indicates there is 
a potential upside of 19.7%. It’s also worth noting that there is a 50 day moving
average of $192.51 and the 200 day MA is $184.55. The market capitalization for 
the company is 8.20B. The current share price for the company is: 190.87 USD

 The potential market cap would be $9,810,894,911 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 39.85, revenue per share of 56.8
and a 3.05% return on assets.

WEX Inc. provides a commerce platform that owns and operates a business-to-business
ecosystem. Its segments include Fleet Solutions, Travel and Corporate Solutions,
and Health and Employee Benefit Solutions. Its Fleet Solutions segment provides 
payment processing, transaction processing, and information management services 
specifically designed for the needs of fleets of all sizes from small businesses
to federal and state government fleets and over-the-road carriers. Its Travel and
Corporate Solutions segment focuses on the complex payment environment of business-
to-business payments, enabling customers to utilize its payments solutions to integrate
into their own workflows and manage their accounts payable automation and spend 
management functions. Its Health and Employee Benefit Solutions segment provides
SaaS software with embedded payment solutions and plan administration services for
consumer directed health benefits, COBRA accounts, and benefit enrollment and administration.

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