Companies in the Services sector have received a lot of coverage today as analysts weigh in on Payment Data Systems Inc (PYDS) and Viacom Inc (VIAB).
Payment Data Systems Inc (PYDS)
Maxim Group analyst Michael Diana reiterated a Buy rating on Payment Data Systems Inc today and set a price target of $4. The company’s shares opened today at $1.80, close to its 52-week low of $1.43.
Diana said:
“Revenues in 3Q18 rose 80% y/y, driven by the acquisition of Singular Payments in September 2017 and by 18% organic growth in 3Q18.”
According to TipRanks.com, Diana is a 4-star analyst with an average return of 3.7% and a 53.3% success rate. Diana covers the Financial sector, focusing on stocks such as Manhattan Bridge Capital Inc, Arlington Asset Investment, and Westamerica Bancorporation.
Currently, the analyst consensus on Payment Data Systems Inc is a Moderate Buy with an average price target of $5.
See today’s analyst top recommended stocks >>
Viacom Inc (VIAB)
Pivotal Research analyst Brian Wieser reiterated a Hold rating on Viacom Inc today and set a price target of $33. The company’s shares opened today at $31.93.
Wieser observed:
“We continue to rate the stock Hold. RISKS. Investors in Viacom are subject to risks related to the hit-driven nature of video programming, perceptions around the “death of TV”, and a deceleration in growth of pay TV subscriptions in the US and around the world. Control and governance issues are also a risk factor for Viacom shareholders. VALUATION: We value Viacom using a DCF which includes a near-term discount rate of 8% and a long- term discount rate of 14%.”
According to TipRanks.com, Wieser is a 5-star analyst with an average return of 11.7% and a 76.0% success rate. Wieser covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Nielsen Holdings, and 21st Century Fox.
Viacom Inc has an analyst consensus of Moderate Buy, with a price target consensus of $34.60, which is an 8.4% upside from current levels. In a report issued on November 5, UBS also downgraded the stock to Hold with a $34 price target.
.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
