Total System Services Given New $30.00 Price Target at Keefe, Bruyette & Woods (TSS)
Analysts at Keefe, Bruyette & Woods raised their target price on shares of Total System Services (NYSE:TSS) from $27.00 to $30.00 in a research report issued to clients and investors on Friday, American Banking & Market News reports. Keefe, Bruyette & Woods’ target price points to a potential upside of 2.04% from the company’s current price.
TSS has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Total System Services (NYSE:TSS) in a research note to investors on Wednesday, September 18th. They now have a $34.00 price target on the stock, up previously from $33.00. Separately, analysts at Zacks upgraded shares of Total System Services (NYSE:TSS) from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, September 4th. They now have a $33.00 price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Total System Services (NYSE:TSS) in a research note to investors on Tuesday, August 27th. They now have a $28.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company’s stock. Total System Services presently has an average rating of “Hold” and an average price target of $29.15.
Shares of Total System Services (NYSE:TSS) traded up 1.03% during mid-day trading on Friday, hitting $29.40. 1,180,804 shares of the company’s stock traded hands. Total System Services has a 52-week low of $21.10 and a 52-week high of $30.00. The stock’s 50-day moving average is $28.71 and its 200-day moving average is $25.69. The company has a market cap of $5.569 billion and a price-to-earnings ratio of 23.28.
Total System Services (NYSE:TSS) last issued its quarterly earnings data on Tuesday, July 23rd. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.01. The company had revenue of $478.44 million for the quarter, compared to the consensus estimate of $483.16 million. During the same quarter in the previous year, the company posted $0.35 earnings per share. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. Analysts expect that Total System Services will post $1.71 EPS for the current fiscal year.
Total System Services, Inc (NYSE:TSS), is a global payment solutions provider that provides services to financial and nonfinancial institutions.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.