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.

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.

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.

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