Robert W. Baird analyst David Koning reiterated a Buy rating on First Data Corp (FDC) today and set a price target of $27. The company’s shares opened today at $25.43, close to its 52-week high of $26.62.
Koning has an average return of 30.4% when recommending First Data Corp.
According to TipRanks.com, Koning is ranked #49 out of 5162 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Data Corp with a $23.86 average price target.
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First Data Corp’s market cap is currently $23.83B and has a P/E ratio of 13.47. The company has a Price to Book ratio of 5.87.
Based on the recent corporate insider activity of 131 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.
