Analyst Price Target is $369.29
▲ +7.40% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for Corpay in the last 3 months. The average price target is $369.29, with a high forecast of $440.00 and a low forecast of $295.00. The average price target represents a 7.40% upside from the last price of $343.83.
Current Consensus is
Moderate Buy
The current consensus among 15 polled investment analysts is to moderate buy stock in Corpay. This rating has held steady since April 2024, when it changed from a Buy consensus rating.
Corpay, Inc. operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards. It also provides corporate payment solutions consisting of accounts payable automation; virtual cards, cross-border solutions; and purchasing and travel and entertainment card products, as well as lodging payments solutions for employees who travel overnight for work purposes; traveling crews and stranded passengers from airlines and cruise lines; and insurance policyholders displaced from their homes due to damage or catastrophe. In addition, the company offers gifts and payroll cards. It serves business, merchant, consumer, and payment network customers. The company was formerly known as FLEETCOR Technologies, Inc. and changed its name to Corpay, Inc. in March 2024. Corpay, Inc. was founded in 1986 and is headquartered in Atlanta, Georgia.
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