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Total System Services (NYSE:TSS)‘s stock had its “outperform” rating restated by equities research analysts at Raymond James in a research note issued to investors on Wednesday, American Banking News.com reports. They currently have a $35.00 price target on the stock, up from their previous price target of $33.00. Raymond James’ price target would indicate a potential upside of 8.83% from the stock’s previous close.

TSS has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Total System Services in a research note on Wednesday. They now have a $30.00 price target on the stock. Separately, analysts at Zacks reiterated an “underperform” rating on shares of Total System Services in a research note on Thursday, April 24th. They now have a $26.00 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Total System Services in a research note on Wednesday, April 23rd. They now have a $35.00 price target on the stock. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the company’s stock. Total System Services has a consensus rating of “Buy” and a consensus price target of $33.56.

Shares of Total System Services (NYSE:TSS) traded down 1.57% during mid-day trading on Wednesday, hitting $31.655. 1,963,936 shares of the company’s stock traded hands. Total System Services has a 52 week low of $22.58 and a 52 week high of $33.44. The stock’s 50-day moving average is $30.42 and its 200-day moving average is $30.80. The company has a market cap of $5.880 billion and a price-to-earnings ratio of 25.75.

Total System Services (NYSE:TSS) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by $0.05. The company had revenue of $592.80 million for the quarter, compared to the consensus estimate of $613.93 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. The company’s revenue for the quarter was up 32.1% on a year-over-year basis. On average, analysts predict that Total System Services will post $1.91 earnings per share for the current fiscal year.

In other Total System Services news, CFO James Lipham unloaded 32,600 shares of Total System Services stock on the open market in a transaction dated Wednesday, May 7th. The stock was sold at an average price of $32.18, for a total transaction of $1,049,068.00. Following the completion of the sale, the chief financial officer now directly owns 130,382 shares in the company, valued at approximately $4,195,693. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Total System Services, Inc (NYSE:TSS), is a global payment solutions provider that provides services to financial and nonfinancial institutions.

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