Analyst Rating Update on Total System Services (TSS)

Total System Services (NYSE:TSS) : 14 analysts are covering Total System Services (NYSE:TSS) and their average rating on the stock is 2.29, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Total System Services (NYSE:TSS) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 8 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Total System Services (NYSE:TSS) : The highest level Total System Services (NYSE:TSS) is projected to reach is $61 for the short term and the lowest estimate is at $50. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $57 and the possibility the share price can swing is $3.79.

Company shares have received an average consensus rating of Hold for the current week Also, Citigroup maintains its view on Total System Services (NYSE:TSS) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Citigroup raises the price target from $61 per share to $63 per share on Total System Services . The rating by the firm was issued on June 13, 2016.

Total System Services (NYSE:TSS): stock turned positive on Tuesday. Though the stock opened at $49.73, the bulls momentum made the stock top out at $50.99 level for the day. The stock recorded a low of $49.68 and closed the trading day at $50.81, in the green by 3.17%. The total traded volume for the day was 1,802,106. The stock had closed at $49.25 in the previous days trading.

In an insider trading activity,The director of Total System Services Inc, Tomlinson Philip W sold 38,000 shares at $53.93 on May 25, 2016. The Insider selling transaction had a total value worth of $2,049,340. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Total System Services, Inc. (TSYS) is a global payment solutions provider that provides services to financial and nonfinancial institutions. The Company also provides processing services, acquiring solutions, related systems and integrated support services to merchant acquirers and merchants. In addition, it provides general purpose reloadable (GPR) prepaid and payroll cards, and alternative financial service solutions to the underbanked and other consumers. Its operating segments include North America Services, Merchant Services, NetSpend and International Services. Through the Companys North America Services and International Services segments, TSYS processes information through its cardholder systems to financial and non-financial institutions. The Merchant Services segment includes electronic processing and other services provided to merchants and merchant acquirers. The NetSpend segment provides GPR prepaid debit and payroll cards and alternative financial service solutions.

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