Total System Services Price Target Increased to $36.00 by Analysts at Sterne Agee (TSS)
Equities research analysts at Sterne Agee boosted their target price on shares of Total System Services (NYSE:TSS) from $33.00 to $36.00 in a research note issued to investors on Wednesday, Analyst Ratings.Net reports. The firm currently has a “buy” rating on the stock. Sterne Agee’s price objective points to a potential upside of 19.96% from the stock’s previous close.
Total System Services (NYSE:TSS) traded down 2.09% on Wednesday, hitting $30.01. The stock had a trading volume of 2,878,510 shares. Total System Services has a one year low of $21.10 and a one year high of $29.25. The stock has a 50-day moving average of $28.09 and a 200-day moving average of $25.16. The company has a market cap of $5.684 billion and a price-to-earnings ratio of 24.52.
Total System Services (NYSE:TSS) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.46 by $0.03. The company had revenue of $588.07 million for the quarter, compared to the consensus estimate of $587.13 million. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was up 25.6% on a year-over-year basis. On average, analysts predict that Total System Services will post $1.71 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Total System Services from $30.00 to $33.00 in a research note to investors on Wednesday. They now have a “market perform” rating on the stock. Separately, analysts at Janney Montgomery Scott raised their price target on shares of Total System Services from $23.00 to $28.00 in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Total System Services from $25.00 to $30.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $31.21.
Total System Services, Inc (NYSE:TSS), is a global payment solutions provider that provides services to financial and nonfinancial institutions.
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