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Investment analysts at Nomura increased their target price on shares of Alliance Data Systems (NYSE:ADS) from $300.00 to $310.00 in a note issued to investors on Friday. Nomura’s target price points to a potential upside of 12.72% from the company’s current price.

ADS has been the subject of a number of other recent research reports. Analysts at Barclays raised their price target on shares of Alliance Data Systems from $300.00 to $320.00 in a research note on Friday. They now have an “overweight” rating on the stock. Separately, analysts at Robert W. Baird downgraded shares of Alliance Data Systems from an “outperform” rating to a “neutral” rating in a research note on Friday. They now have a $287.00 price target on the stock, up previously from $270.00. They noted that the move was a valuation call. Finally, analysts at Credit Suisse raised their price target on shares of Alliance Data Systems from $269.00 to $284.00 in a research note on Tuesday. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $292.94.

Shares of Alliance Data Systems (NYSE:ADS) traded down 1.07% on Friday, hitting $272.07. The stock had a trading volume of 248,408 shares. Alliance Data Systems has a 52 week low of $186.78 and a 52 week high of $300.49. The stock has a 50-day moving average of $271.8 and a 200-day moving average of $263.4. The company has a market cap of $14.748 billion and a P/E ratio of 36.29.

Alliance Data Systems (NYSE:ADS) last issued its quarterly earnings data on Thursday, July 17th. The company reported $2.90 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.73 by $0.17. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter last year, the company posted $2.41 earnings per share. Alliance Data Systems’s revenue was up 23.1% compared to the same quarter last year. On average, analysts predict that Alliance Data Systems will post $12.39 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.

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