In a report issued on July 9, James Friedman from Susquehanna reiterated a Hold rating on Alliance Data Systems (NYSE: ADS), with a price target of $245. The company’s shares closed yesterday at $243.50.
According to TipRanks.com, Friedman is a 5-star analyst with an average return of 21.4% and a 77.0% success rate. Friedman covers the Technology sector, focusing on stocks such as Total System Services, Infosys Limited, and Paypal Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alliance Data Systems with a $254.17 average price target.
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The company has a one-year high of $278.33 and a one-year low of $192.02. Currently, Alliance Data Systems has an average volume of 586.2K.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ADS in relation to earlier this year.
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Alliance Data Systems Corp. engages in the provision of data-driven and transaction-based marketing and customer loyalty solutions. It operates through the following segments: LoyaltyOne, Epsilon, Card Services, and Corporate and Other. The LoyaltyOne segment provides coalition and short-term loyalty programs.
