In a report released today, Dan Dolev from Nomura maintained a Buy rating on Total System Services (NYSE: TSS), with a price target of $107. The company’s shares closed yesterday at $94.92, close to its 52-week high of $97.82.
According to TipRanks.com, Dolev is a 5-star analyst with an average return of 16.3% and a 68.9% success rate. Dolev covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, ARAMARK Holdings, and Moody’s Corp.
Currently, the analyst consensus on Total System Services is a Strong Buy with an average price target of $101.58.
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Based on Total System Services’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $142 million. In comparison, last year the company had a net profit of $115 million.
Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Patricia Watson, the Senior EVP and CIO of TSS sold 15,332 shares for a total of $1,430,422.
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.
Total System Services, Inc. provides electronic payment processing services to banks and other financial institutions. It operates through the following segments: Issuer Solutions, Merchant Solutions, Netspend, and Corporate Administration and Other.
