ACI Worldwide (ACIW) Receives Price Target

ACI Worldwide (ACIW) : Average target price received by ACI Worldwide (ACIW) is $24.33 with an expected standard deviation of $2.08. The most aggressive target on the stock is $26, whereas the most downbeat target is $22. 3 financial analysts are currently covering the stock.

ACI Worldwide (ACIW) has an average broker rating of 2.2, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.


Also, Monness Crespi Hardt initiates coverage on ACI Worldwide (NASDAQ:ACIW) The brokerage firm has issued a Buy rating on the shares. The rating by the firm was issued on June 15, 2016.

ACI Worldwide (NASDAQ:ACIW): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.16 and $18.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.26. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.23, notching a gain of 0.68% for the day. The total traded volume was 387,806 . The stock had closed at $19.10 on the previous day.

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.

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