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Alliance Data Systems Corp. (NYSE:ADS) was upgraded by JMP Securities to an “outperform” rating in a research note issued on Friday, Analyst RN reports. The firm currently has a $280.00 price target on the stock, up from their previous price target of $250.00. JMP Securities’ price objective suggests a potential upside of 8.30% from the stock’s previous close.

Alliance Data Systems Corp. (NYSE:ADS) opened at 258.55 on Friday. Alliance Data Systems Corp. has a 52-week low of $151.40 and a 52-week high of $265.35. The stock has a 50-day moving average of $252.8 and a 200-day moving average of $228.2. The company has a market cap of $12.594 billion and a price-to-earnings ratio of 37.45.

Alliance Data Systems Corp. (NYSE:ADS) last issued its quarterly earnings data on Thursday, February 6th. The company reported $2.39 earnings per share (EPS) for the quarter, beating the 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 last year, the company posted $1.84 earnings per share. Alliance Data Systems Corp.’s revenue was up 17.4% compared to the same quarter last year. On average, analysts predict that Alliance Data Systems Corp. will post $12.12 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on ADS. 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. Separately, 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. Finally, analysts at Barclays raised their price target on shares of Alliance Data Systems Corp. from $240.00 to $300.00 in a research note to investors on Tuesday, January 21st. They now have an “overweight” rating on the stock. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $252.31.

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.

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