BMO Capital Has Just Reaffirmed $22 Target Price Per Share on First Data (FDC) stock, While They’ve Also Reiterated Their Outperform Rating

February 14, 2018 - By Henry Gaston

 BMO Capital Has Just Reaffirmed $22 Target Price Per Share on First Data (FDC) stock, While They’ve Also Reiterated Their Outperform Rating

First Data (FDC) Rating Reaffirmed

In an analyst report published this morning, BMO Capital kept their Outperform rating on First Data (FDC) shares. The PT indicates a possible upside of 41.94 % from firm’s last stock close price.

First Data Corporation (NYSE:FDC) Ratings Coverage

Among 12 analysts covering First Data (FDC), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. First Data has $28.0 highest and $12 lowest target. $18.40’s average target is 18.71% above currents $15.5 stock price. First Data had 16 analyst reports since March 2, 2016 according to SRatingsIntel. Guggenheim maintained First Data Corporation (NYSE:FDC) on Monday, February 5 with “Buy” rating. The rating was upgraded by Bank of America to “Buy” on Thursday, January 18. Wood initiated First Data Corporation (NYSE:FDC) on Tuesday, June 7 with “Outperform” rating. The company was maintained on Wednesday, March 2 by Stifel Nicolaus. The rating was maintained by KeyBanc Capital Markets with “Buy” on Wednesday, December 13. The stock of First Data Corporation (NYSE:FDC) earned “Market Perform” rating by Bernstein on Tuesday, April 26. The company was initiated on Wednesday, April 6 by Stephens. As per Monday, March 7, the company rating was downgraded by BTIG Research. As per Friday, April 15, the company rating was initiated by Compass Point. KeyBanc Capital Markets maintained First Data Corporation (NYSE:FDC) rating on Thursday, January 18. KeyBanc Capital Markets has “Buy” rating and $20.0 target.

The stock decreased 5.02% or $0.82 during the last trading session, reaching $15.5. About 15.27 million shares traded or 129.05% up from the average. First Data Corporation (FDC) has risen 49.22% since February 14, 2017 and is uptrending. It has outperformed by 32.52% the S&P500.

First Data Corporation provides electronic commerce solutions for merchants, financial institutions, and card issuers worldwide. The company has market cap of $14.31 billion. It operates through three divisions: Global Business Solutions, Global Financial Solutions, and Network & Security Solutions. It has a 20.42 P/E ratio. The Global Business Solutions segment offers retail point-of-sale merchant acquiring and e-commerce services; and mobile payment services and Webstore-in-a-box solutions, as well as its cloud Clover point-of-sale operating system, which includes a marketplace for proprietary and third-party business applications.

More notable recent First Data Corporation (NYSE:FDC) news were published by: Businesswire.com which released: “First Data Reports Fourth Quarter and Full Year 2017 Financial Results” on February 12, 2018, also Investorplace.com with their article: “It Could Be Time to Swipe Right First Data Corp Stock” published on February 13, 2018, Investorplace.com published: “Rating on First Data (FDC) Stock Reduced to Sell at recent price of $16.32” on February 13, 2018. More interesting news about First Data Corporation (NYSE:FDC) were released by: Seekingalpha.com and their article: “A Turnaround Play On Global Payment Processing” published on January 18, 2018 as well as Nasdaq.com‘s news article titled: “Oversold Conditions For First Data (FDC)” with publication date: February 09, 2018.

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