Fiserv (FISV) – Investment Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Fiserv (NASDAQ: FISV) in the last few weeks:

  • 2/9/2018 – Fiserv had its price target raised by analysts at Citigroup Inc from $138.00 to $140.00. They now have a “neutral” rating on the stock.
  • 2/9/2018 – Fiserv was upgraded by analysts at SunTrust Banks, Inc. from a “hold” rating to a “buy” rating.
  • 2/9/2018 – Fiserv had its “hold” rating reaffirmed by analysts at Stephens. They now have a $146.00 price target on the stock.
  • 2/8/2018 – Fiserv had its price target lowered by analysts at Credit Suisse Group AG from $140.00 to $136.00. They now have a “neutral” rating on the stock.
  • 2/8/2018 – Fiserv had its “hold” rating reaffirmed by analysts at Cowen Inc. They now have a $135.00 price target on the stock.
  • 2/8/2018 – Fiserv had its price target raised by analysts at BMO Capital Markets from $133.00 to $152.00. They now have an “average” rating on the stock.
  • 2/7/2018 – Fiserv had its “hold” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $126.00 price target on the stock. They wrote, “Foresi’s Take. FISV reported fourth-quarter top-line results slightly above expectations. The company issued 2018 guidance, with top-line projections generally in line with expectations. Management expects internal revenue growth to be at least 4.5% in 2018, up slightly from 4% internal growth in 2017. EPS should get a significant boost from tax reform, as the effective tax rate is now expected to be about 10% lower than previously projected. Fiserv expects 10-30bps of margin expansion for all of 2018, with about a 100bp headwind from the sale of the lending solutions business and accelerated investment of tax savings.””
  • 1/31/2018 – Fiserv was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 1/29/2018 – Fiserv had its “buy” rating reaffirmed by analysts at Guggenheim. They now have a $160.00 price target on the stock.
  • 1/24/2018 – Fiserv had its price target raised by analysts at Robert W. Baird from $146.00 to $160.00. They now have an “outperform” rating on the stock.
  • 1/17/2018 – Fiserv had its price target raised by analysts at Credit Suisse Group AG from $126.00 to $140.00. They now have a “neutral” rating on the stock.
  • 1/12/2018 – Fiserv was given a new $148.00 price target on by analysts at Argus. They now have a “buy” rating on the stock.
  • 1/5/2018 – Fiserv had its “hold” rating reaffirmed by analysts at Barclays PLC. They now have a $141.00 price target on the stock.

Fiserv Inc (FISV) opened at $138.11 on Monday. Fiserv Inc has a fifty-two week low of $109.36 and a fifty-two week high of $144.20. The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 1.79. The firm has a market capitalization of $28,646.58, a P/E ratio of 23.81, a PEG ratio of 1.93 and a beta of 0.87.

Fiserv (NASDAQ:FISV) last posted its earnings results on Wednesday, February 7th. The business services provider reported $1.41 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.38 by $0.03. Fiserv had a return on equity of 44.58% and a net margin of 21.88%. The company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter last year, the company earned $1.16 earnings per share. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. sell-side analysts forecast that Fiserv Inc will post 6.18 EPS for the current fiscal year.

In related news, insider Byron C. Vielehr sold 10,000 shares of the stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $131.03, for a total transaction of $1,310,300.00. Following the completion of the sale, the insider now directly owns 19,719 shares of the company’s stock, valued at $2,583,780.57. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jeffery W. Yabuki sold 17,000 shares of the stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $138.59, for a total value of $2,356,030.00. Following the sale, the insider now directly owns 203,051 shares of the company’s stock, valued at $28,140,838.09. The disclosure for this sale can be found here. Insiders sold 49,439 shares of company stock worth $6,605,353 in the last 90 days. Corporate insiders own 1.80% of the company’s stock.

Fiserv, Inc is a provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, such as electronic bill payments, transaction processing, account-to-account transfers, and person-to-person payments; Internet and mobile banking systems, and related services, including document and payment card production and distribution, and lending and risk management products and services.

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