After Oppenheimer and Mizuho Securities gave First Data Corp (NYSE: FDC) a Buy rating last month, the company received another Buy, this time from Guggenheim. Analyst Jeff Cantwell reiterated a Buy rating on First Data Corp yesterday and set a price target of $22. The company’s shares opened today at $17.72.
According to TipRanks.com, Cantwell is a 4-star analyst with an average return of 6.7% and a 53.8% success rate. Cantwell covers the Financial sector, focusing on stocks such as American Express, Mastercard, and Green Dot.
Currently, the analyst consensus on First Data Corp is a Strong Buy with an average price target of $26.90, implying a 51.8% upside from current levels. In a report issued on December 2, Raymond James also maintained a Buy rating on the stock with a $22 price target.
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The company has a one-year high of $26.62 and a one-year low of $14.73. Currently, First Data Corp has an average volume of 10.28M.
Based on the recent corporate insider activity of 138 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.
