First Data (FDC): BMO Capital Maintains “Outperform” Rating Today, Has a Target of $22/Share

February 14, 2018 - By Nellie Frank

 First Data (FDC): BMO Capital Maintains

First Data (FDC) Rating Reaffirmed

EU: In a research report revealed to clients and investors on Tuesday, 13 February, BMO Capital maintained their “Outperform” rating on First Data (FDC) shares. They now have a $22 target on the company. BMO Capital’s target would indicate a potential upside of 41.94 % from the company’s last stock close price.

First Data Corporation (NYSE:FDC) Ratings Coverage

Among 12 analysts covering First Data (FDC), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. First Data has $28.0 highest and $12 lowest target. $18.40’s average target is 18.71% above currents $15.5 stock price. First Data had 16 analyst reports since March 2, 2016 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, January 18 by KeyBanc Capital Markets. On Tuesday, April 26 the stock rating was maintained by Bernstein with “Market Perform”. On Monday, March 7 the stock rating was downgraded by BTIG Research to “Neutral”. The rating was maintained by Piper Jaffray with “Buy” on Thursday, January 18. The stock of First Data Corporation (NYSE:FDC) has “Buy” rating given on Monday, February 12 by Piper Jaffray. As per Thursday, January 18, the company rating was upgraded by Bank of America. The company was maintained on Wednesday, March 2 by Stifel Nicolaus. The rating was initiated by Wood with “Outperform” on Tuesday, June 7. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, April 26. KeyBanc Capital Markets maintained it with “Buy” rating and $18.0 target in Wednesday, December 13 report.

The stock decreased 5.02% or $0.82 during the last trading session, reaching $15.5. About 15.27M shares traded or 129.05% up from the average. First Data Corporation (FDC) has risen 49.22% since February 14, 2017 and is uptrending. It has outperformed by 32.52% the S&P500.

First Data Corporation provides electronic commerce solutions for merchants, financial institutions, and card issuers worldwide. The company has market cap of $14.31 billion. It operates through three divisions: Global Business Solutions, Global Financial Solutions, and Network & Security Solutions. It has a 20.42 P/E ratio. The Global Business Solutions segment offers retail point-of-sale merchant acquiring and e-commerce services; and mobile payment services and Webstore-in-a-box solutions, as well as its cloud Clover point-of-sale operating system, which includes a marketplace for proprietary and third-party business applications.

More notable recent First Data Corporation (NYSE:FDC) news were published by: Livetradingnews.com which released: “First Data Corporation (NYSE:FDC) Advances 4.32% Pre-Market” on February 12, 2018, also Nasdaq.com with their article: “Oversold Conditions For First Data (FDC)” published on February 09, 2018, Seekingalpha.com published: “A Turnaround Play On Global Payment Processing” on January 18, 2018. More interesting news about First Data Corporation (NYSE:FDC) were released by: Investorplace.com and their article: “It Could Be Time to Swipe Right First Data Corp Stock” published on February 13, 2018 as well as Investorplace.com‘s news article titled: “Rating on First Data (FDC) Stock Reduced to Sell at recent price of $16.32” with publication date: February 13, 2018.

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