ACI Worldwide (ACIW) : Zacks Investment Research ranks ACI Worldwide (ACIW) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2.2, which indicates as a Buy.
ACI Worldwide (ACIW) : 3 Wall Street analysts covering ACI Worldwide (ACIW) believe that the average level the stock could reach for the short term is $24.33. The maximum price target given is $26 and the minimum target for short term is around $22, hence the standard deviation is calculated at $2.08.
Also, Monness Crespi Hardt initiates coverage on ACI Worldwide (NASDAQ:ACIW). According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on June 15, 2016.
ACI Worldwide (NASDAQ:ACIW): After opening at $17.97, the stock dipped to an intraday low of $17.87 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $18.3 and the buying power remained strong till the end. The stock closed at $18.28 for the day, a gain of 1.73% for the day session. The total traded volume was 464,474. The stocks close on the previous trading day was $17.97.
ACI Worldwide, Inc. develops, markets, installs and supports a line of software products and services primarily focused on facilitating electronic payments. The Companys suite of software products and hosted services deliver a range of solutions for payments processing, card and merchant management, electronic bill presentment and payment (EBPP), online banking, mobile, branch and voice banking, fraud detection and trade finance. The Companys services include implementation services, product support services, technical services, education services, testing services, expert services consultancy and facilities management services. It offers various solutions, including its retail and wholesale payment engines, risk management, biller, retailers and online banking products. It caters to financial institutions, including global, national, regional, and community banks and credit unions; processors; retailers, and billers.