First Data Corp (FDC) Gets a Buy Rating from Raymond James
Raymond James analyst John Davis maintained a Buy rating on First Data Corp (FDC) yesterday and set a price target of $22. The company’s shares opened today at $19.54.
According to TipRanks.com, Davis is a 4-star analyst with an average return of 17.8% and a 54.3% success rate. Davis covers the Technology sector, focusing on stocks such as Bottomline Technologies, Paypal Holdings, and Evertec.
First Data Corp has an analyst consensus of Strong Buy, with a price target consensus of $26.90, which is a 37.7% upside from current levels. In a report issued on November 21, Mizuho Securities also maintained a Buy rating on the stock with a $25 price target.
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First Data Corp’s market cap is currently $17.88B and has a P/E ratio of 10.11. The company has a Price to Book ratio of 4.41.
Based on the recent corporate insider activity of 136 insiders, corporate insider sentiment is negative on the stock.
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First Data Corp. engages in the provision of commerce-enabling technology and solutions; and payment technology and services. It operates through the following segments: Global Business Solutions; Global Financial Solutions; and Network and Security Solutions.