Fiserv Receives Sector Perform Rating from RBC Capital (FISV)
A number of other analysts have also recently weighed in on FISV. Analysts at EVA Dimensions downgraded shares of Fiserv to an “overweight” rating in a research note to investors on Tuesday, March 5th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Fiserv in a research note to investors on Thursday, February 7th. They now have a $84.00 price target on the stock. Finally, analysts at UBS AG initiated coverage on shares of Fiserv in a research note to investors on Wednesday, January 23rd. They set a “neutral” rating and a $82.00 price target on the stock.
One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and five have issued a buy rating to the company. Fiserv currently has an average rating of “Hold” and an average target price of $81.86.
Shares of Fiserv (NASDAQ: FISV) traded down 0.87% during mid-day trading on Thursday, hitting $85.01. Fiserv has a 52 week low of $64.48 and a 52 week high of $85.98. The stock’s 50-day moving average is currently $82.11. The company has a market cap of $11.349 billion and a P/E ratio of 19.31.
Fiserv (NASDAQ: FISV) last released its earnings data on Tuesday, February 5th. The company reported $1.39 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.39. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the company posted $1.27 earnings per share. The company’s revenue for the quarter was down .4% on a year-over-year basis. Fiserv has set its FY13 guidance at $5.88-$6.07 EPS. Analysts expect that Fiserv will post $5.97 EPS for the current fiscal year.
Fiserv, Inc. (NASDAQ: FISV) is a global provider of financial services technology. The Company serves banks, thrifts, credit unions, investment management firms, leasing and finance companies, retailers, merchants and government agencies.
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