Rothschild & Co Redburn Lowers Fiserv (NASDAQ:FISV) Price Target to $40.00

Fiserv (NASDAQ:FISVGet Free Report) had its target price reduced by analysts at Rothschild & Co Redburn from $50.00 to $40.00 in a note issued to investors on Tuesday,MarketScreener reports. The firm presently has a “sell” rating on the business services provider’s stock. Rothschild & Co Redburn’s price objective indicates a potential downside of 23.62% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. Susquehanna reiterated a “positive” rating and set a $91.00 price target (down from $99.00) on shares of Fiserv in a research note on Monday, May 4th. JPMorgan Chase & Co. decreased their target price on Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Truist Financial lowered their target price on Fiserv from $65.00 to $64.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. Compass Point reduced their price target on Fiserv from $78.00 to $75.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Finally, BMO Capital Markets assumed coverage on shares of Fiserv in a research note on Tuesday, April 21st. They set a “market perform” rating and a $65.00 target price on the stock. Eight analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $83.57.

Check Out Our Latest Stock Analysis on FISV

Fiserv Price Performance

NASDAQ FISV opened at $52.37 on Tuesday. The company has a 50-day moving average price of $58.48 and a 200-day moving average price of $63.67. Fiserv has a 52 week low of $52.17 and a 52 week high of $191.28. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $27.93 billion, a P/E ratio of 8.88, a PEG ratio of 1.74 and a beta of 0.84.

Fiserv (NASDAQ:FISVGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The company had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company’s revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities research analysts anticipate that Fiserv will post 8.14 earnings per share for the current year.

Institutional Trading of Fiserv

A number of institutional investors and hedge funds have recently bought and sold shares of FISV. Cetera Investment Advisers boosted its holdings in shares of Fiserv by 89.4% during the 1st quarter. Cetera Investment Advisers now owns 165,723 shares of the business services provider’s stock valued at $9,247,000 after purchasing an additional 78,219 shares during the last quarter. Fairbanks Capital Management Inc. increased its holdings in shares of Fiserv by 4.1% in the first quarter. Fairbanks Capital Management Inc. now owns 29,414 shares of the business services provider’s stock worth $1,641,000 after purchasing an additional 1,158 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Fiserv by 95.2% in the first quarter. First Trust Advisors LP now owns 195,202 shares of the business services provider’s stock worth $10,892,000 after buying an additional 95,208 shares in the last quarter. Triad Investment Management bought a new position in Fiserv during the first quarter valued at approximately $2,902,000. Finally, Oslo Pensjonsforsikring AS bought a new position in Fiserv during the first quarter valued at approximately $356,000. 90.98% of the stock is currently owned by institutional investors.

More Fiserv News

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About Fiserv

(Get Free Report)

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.

Further Reading

Analyst Recommendations for Fiserv (NASDAQ:FISV)

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