Visa (NYSE: V) has recently received a number of price target changes and ratings updates:

  • 11/2/2017 – Visa was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $123.00 price target on the stock. According to Zacks, “Shares of Visa have outperformed the industry, year to date. Numerous strategic acquisitions and alliances, technology upgrades and effective marketing have paved the way for the company's long-term growth that have led to consistent revenue growth over the past several years. Visa is well poised to gain from the growing electronic payment processing and strong international business. A solid balance sheet ensures effective capital deployment. Strong earnings guidance instills our confidence in the company. The company’s fiscal fourth-quarter earnings surpassed the Zacks Consensus Estimate and grew year over year. However, higher client incentives and forex volatility are some near-term headwinds”
  • 10/31/2017 – Visa was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Visa have outperformed the industry, year to date. The company’s fiscal fourth-quarter earnings surpassed the Zacks Consensus Estimate and grew year over year. Numerous strategic acquisitions and alliances, technology upgrades and effective marketing have paved the way for the company's long-term growth that have led to consistent revenue growth over the past several years. Visa is well poised to gain from the growing electronic payment processing and strong international business. A solid balance sheet ensures effective capital deployment. Strong earnings guidance instills our confidence in the company. However, higher client incentives and forex volatility are some near-term headwinds”
  • 10/30/2017 – Visa had its price target raised by analysts at Jefferies Group LLC from $125.00 to $127.00. They now have a “buy” rating on the stock.
  • 10/26/2017 – Visa was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $121.00 price target on the stock. According to Zacks, “Shares of Visa have outperformed the industry, year to date. The company’s fiscal fourth-quarter earnings surpassed the Zacks Consensus Estimate and grew year over year. Numerous strategic acquisitions and alliances, technology upgrades and effective marketing have paved the way for the company's long-term growth that have led to consistent revenue growth over the past several years. Visa is well poised to gain from the growing electronic payment processing and strong international business. A solid balance sheet ensures effective capital deployment. Strong earnings guidance instills our confidence in the company. However, higher client incentives and forex volatility are some near-term headwinds”
  • 10/26/2017 – Visa had its price target raised by analysts at Morgan Stanley from $125.00 to $126.00. They now have an “overweight” rating on the stock.
  • 10/26/2017 – Visa had its price target raised by analysts at BMO Capital Markets from $116.00 to $134.00. They now have an “outperform” rating on the stock.
  • 10/26/2017 – Visa had its price target raised by analysts at SunTrust Banks, Inc. from $110.00 to $135.00. They now have a “buy” rating on the stock.
  • 10/26/2017 – Visa had its price target raised by analysts at Loop Capital from $111.00 to $123.00. They now have a “buy” rating on the stock.
  • 10/26/2017 – Visa had its price target raised by analysts at Barclays PLC from $123.00 to $128.00. They now have an “overweight” rating on the stock.
  • 10/26/2017 – Visa had its price target raised by analysts at Nomura from $120.00 to $126.00. They now have a “buy” rating on the stock.
  • 10/26/2017 – Visa had its price target raised by analysts at Buckingham Research from $129.00 to $130.00. They now have a “buy” rating on the stock.
  • 10/25/2017 – Visa had its “buy” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $120.00 price target on the stock.
  • 10/25/2017 – Visa was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $113.35 price target on the stock.
  • 10/24/2017 – Visa was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Visa have outperformed the industry, year to date. Numerous strategic acquisitions and alliances, technology upgrades and effective marketing have paved the way for the company's long-term growth. Visa is well poised to gain from the growing electronic payment processing and strong international business. A solid balance sheet position ensures effective capital deployment. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 1.8% upward over the last 60 days. However, higher client incentives and forex volatility are some near term headwinds”
  • 10/20/2017 – Visa had its price target raised by analysts at Morgan Stanley from $114.00 to $125.00. They now have an “overweight” rating on the stock.
  • 10/18/2017 – Visa had its price target raised by analysts at Citigroup Inc. from $115.00 to $124.00. They now have a “buy” rating on the stock.
  • 10/18/2017 – Visa had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $118.00 price target on the stock.
  • 10/18/2017 – Visa had its price target raised by analysts at Barclays PLC from $114.00 to $123.00. They now have an “overweight” rating on the stock.
  • 10/17/2017 – Visa had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $125.00 price target on the stock, up previously from $112.00.
  • 10/13/2017 – Visa is now covered by analysts at Stephens. They set an “overweight” rating and a $125.00 price target on the stock.
  • 10/12/2017 – Visa had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $107.00 price target on the stock.
  • 10/12/2017 – Visa had its “buy” rating reaffirmed by analysts at Mizuho. They now have a $115.00 price target on the stock.
  • 10/10/2017 – Visa was upgraded by analysts at Wells Fargo & Company from a “market perform” rating to an “outperform” rating. They now have a $120.00 price target on the stock, up previously from $107.01.
  • 10/4/2017 – Visa had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $110.00 price target on the stock.
  • 10/2/2017 – Visa is now covered by analysts at Buckingham Research. They set a “buy” rating and a $129.00 price target on the stock.
  • 10/2/2017 – Visa had its “outperform” rating reaffirmed by analysts at Robert W. Baird. They now have a $128.00 price target on the stock, up previously from $122.00.
  • 9/28/2017 – Visa is now covered by analysts at Cantor Fitzgerald. They set an “overweight” rating and a $120.00 price target on the stock. They wrote, “Visa is a card network that facilitates transactions among card (credit, debit, prepaid or commercial) users, issuers, merchants and acquirers. Card networks act as intermediaries, utilizing network capabilities and infrastructure to facilitate the authorization, clearance, and settlement of payment transactions. Visa facilitates payments within a four-party model card payment scheme, wherein the issuer and acquirer are different entities.””
  • 9/26/2017 – Visa was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $108.51 price target on the stock.
  • 9/26/2017 – Visa had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $122.00 price target on the stock.
  • 9/22/2017 – Visa had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $124.00 price target on the stock.
  • 9/19/2017 – Visa was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $117.00 price target on the stock. According to Zacks, “Shares of Visa have outperformed the industry, year to date. Numerous strategic acquisitions and alliances, technology upgrades and effective marketing have paved the way for the company's long-term growth. Visa is well poised to gain from the growing electronic payment processing and strong international business. A solid balance sheet position ensures effective capital deployment. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 1.8% upward over the last 60 days.”

Shares of Visa Inc. (V) opened at $110.25 on Thursday. Visa Inc. has a twelve month low of $75.17 and a twelve month high of $112.90. The company has a current ratio of 1.90, a quick ratio of 1.65 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $254,220.00, a price-to-earnings ratio of 32.01, a PEG ratio of 1.63 and a beta of 0.98.

Visa (NYSE:V) last posted its earnings results on Wednesday, October 25th. The credit-card processor reported $0.90 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.05. Visa had a return on equity of 31.80% and a net margin of 36.49%. The company had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.63 billion. During the same quarter last year, the firm earned $0.78 earnings per share. The company’s revenue was up 13.9% on a year-over-year basis. research analysts forecast that Visa Inc. will post 4.05 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 5th. Investors of record on Friday, November 17th will be paid a $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date is Thursday, November 16th. This is an increase from Visa’s previous quarterly dividend of $0.17. Visa’s payout ratio is 24.54%.

Visa Inc (Visa) is a payments technology company that connects consumers, merchants, financial institutions, businesses, strategic partners and government entities to electronic payments. The Company operates through payment services segment. The Company enables global commerce through the transfer of value and information among the participants.

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