Raymond James analyst John Davis maintained a Buy rating on Evertec (EVTC) today and set a price target of $33. The company’s shares opened today at $28.50, close to its 52-week high of $29.71.
According to TipRanks.com, Davis is a 4-star analyst with an average return of 20.1% and a 61.9% success rate. Davis covers the Technology sector, focusing on stocks such as Bottomline Technologies, Paypal Holdings, and First Data Corp.
Evertec has an analyst consensus of Moderate Buy, with a price target consensus of $33.
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The company has a one-year high of $29.71 and a one-year low of $12.60. Currently, Evertec has an average volume of 445.9K.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock.
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EVERTEC, Inc. engages in the provision of transaction services. It operates through the following segments: Payment Services-Puerto Rico and Caribbean, Payment Services-Latin America, Merchant Acquiring, and Business Solutions.
