NCR Corp. PT Raised to $50.00 at Compass Point (NCR)
Compass Point lifted their price objective on shares of NCR Corp. (NYSE:NCR) from $40.00 to $50.00 in a research note issued on Tuesday, AnalystRatings.NET reports. The firm currently has a “focus list” rating on the stock. Compass Point’s price target would indicate a potential upside of 47.80% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Wedbush cut their price target on shares of NCR Corp. from $33.00 to $32.00 in a research note to investors on Tuesday, December 3rd. They now have a “neutral” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of NCR Corp. in a research note to investors on Wednesday, November 13th. They now have a $38.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of NCR Corp. in a research note to investors on Monday, October 28th. They now have a $38.00 price target on the stock. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $40.63.
NCR Corp. (NYSE:NCR) traded up 1.89% during mid-day trading on Tuesday, hitting $34.47. The stock had a trading volume of 1,249,672 shares. NCR Corp. has a 52-week low of $25.64 and a 52-week high of $41.63. The stock’s 50-day moving average is $33.59 and its 200-day moving average is $36.12. The company has a market cap of $5.736 billion and a price-to-earnings ratio of 37.38.
NCR Corp. (NYSE:NCR) last announced its earnings results on Thursday, October 24th. The company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.08. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the prior year, the company posted $0.64 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. On average, analysts predict that NCR Corp. will post $2.78 earnings per share for the current fiscal year.
NCR Corporation (NYSE:NCR) is a technology company, which provides products and services, which enable businesses to connect, interact and transact with their customers and enhance their customer relationships by addressing consumer demand for convenience, value and individual service.
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