First Data (FDC): BMO Capital Reconfirms “Outperform” Rating Today, Has a Target of $22/Share

February 14, 2018 - By marketbeat

 First Data (FDC): BMO Capital Reconfirms

First Data (FDC) Rating Reaffirmed

First Data (FDC) just had their share rating of a ‘”Outperform”‘ issued by research analysts at BMO Capital, who now has a $22 price target on the $14.31B market cap company or a 41.94 % upside potential. This key information was shown in a report on Tuesday morning.

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. As per Monday, February 12, the company rating was maintained by BMO Capital Markets. Piper Jaffray maintained First Data Corporation (NYSE:FDC) rating on Thursday, January 18. Piper Jaffray has “Buy” rating and $26.0 target. The firm earned “Equal-Weight” rating on Wednesday, April 6 by Stephens. Stifel Nicolaus downgraded First Data Corporation (NYSE:FDC) on Tuesday, April 26 to “Hold” rating. The stock of First Data Corporation (NYSE:FDC) has “Buy” rating given on Wednesday, December 13 by KeyBanc Capital Markets. On Friday, April 15 the stock rating was initiated by Compass Point with “Neutral”. The firm has “Outperform” rating by Wood given on Tuesday, June 7. Bernstein maintained the stock with “Market Perform” rating in Tuesday, April 26 report. The stock of First Data Corporation (NYSE:FDC) has “Buy” rating given on Monday, February 12 by BTIG Research. The firm earned “Buy” rating on Thursday, January 18 by KeyBanc Capital Markets.

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: “Rating on First Data (FDC) Stock Reduced to Sell at recent price of $16.32” published on February 13, 2018, Livetradingnews.com published: “First Data Corporation (NYSE:FDC) Advances 4.32% Pre-Market” on February 12, 2018. More interesting news about First Data Corporation (NYSE:FDC) were released by: Investorplace.com and their article: “It Could Be Time to Swipe Right First Data Corp Stock” published on February 13, 2018 as well as Nasdaq.com‘s news article titled: “Oversold Conditions For First Data (FDC)” with publication date: February 09, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: