First Data Corp (FDC) Receives a Hold from BMO Capital


In a report released yesterday, James Fotheringham from BMO Capital reiterated a Hold rating on First Data Corp (FDC), with a price target of $25.64. The company’s shares closed yesterday at $24.97, close to its 52-week high of $26.62.

According to TipRanks.com, Fotheringham is a 5-star analyst with an average return of 12.2% and a 72.4% success rate. Fotheringham covers the Financial sector, focusing on stocks such as Focus Financial Partners Inc, Discover Financial Services, and Goldman Sachs Group Inc.

The word on The Street in general, suggests a Hold analyst consensus rating for First Data Corp with a $24.98 average price target, representing a 0.0% upside. In a report issued on January 25, KeyBanc also downgraded the stock to Hold.

See today’s analyst top recommended stocks >>

First Data Corp’s market cap is currently $23.4B and has a P/E ratio of 23.61. The company has a Price to Book ratio of 5.77.

Based on the recent corporate insider activity of 131 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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts