Share on StockTwits
 

Equities research analysts at Nomura lifted their price target on shares of Alliance Data Systems Corp. (NYSE:ADS) from $211.00 to $232.00 in a research note issued to investors on Friday, AnalystRatings.NET reports. Nomura’s price target indicates a potential downside of 12.48% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at JMP Securities upgraded shares of Alliance Data Systems Corp. to an “outperform” rating in a research note to investors on Friday. They now have a $280.00 price target on the stock, up previously from $250.00. Separately, analysts at SunTrust raised their price target on shares of Alliance Data Systems Corp. from $295.00 to $300.00 in a research note to investors on Friday. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Alliance Data Systems Corp. from $290.00 to $305.00 in a research note to investors on Friday. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $258.81.

Alliance Data Systems Corp. (NYSE:ADS) traded up 2.53% during mid-day trading on Friday, hitting $265.08. 1,316,692 shares of the company’s stock traded hands. Alliance Data Systems Corp. has a 52 week low of $151.40 and a 52 week high of $265.35. The stock’s 50-day moving average is $252.8 and its 200-day moving average is $228.2. The company has a market cap of $12.913 billion and a P/E ratio of 37.45.

Alliance Data Systems Corp. (NYSE:ADS) last posted its quarterly earnings results on Thursday, February 6th. The company reported $2.39 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.33 by $0.06. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the company posted $1.84 earnings per share. The company’s quarterly revenue was up 17.4% on a year-over-year basis. On average, analysts predict that Alliance Data Systems Corp. will post $12.12 earnings per share for the current fiscal year.

Alliance Data Systems Corporation is a provider of transaction-based, data-driven marketing and loyalty solutions serving consumer-based businesses in a variety of industries.

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.