Alliance Data Systems Corporation (ADS) : 20 analysts are covering Alliance Data Systems Corporation (ADS) and their average rating on the stock is 1.7, which is read as a Buy. 11 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. Alliance Data Systems Corporation (ADS) also receives 4 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Alliance Data Systems Corporation (ADS) : 14 Wall Street analysts covering Alliance Data Systems Corporation (ADS) believe that the average level the stock could reach for the short term is $260.93. The maximum price target given is $360 and the minimum target for short term is around $225, hence the standard deviation is calculated at $35.11.
Also, Wedbush initiates coverage on Alliance Data Systems Corporation (NYSE:ADS) The current rating of the shares is Neutral. Equity Analysts at the Firm announces the price target to $225 per share. The rating by the firm was issued on September 9, 2016.
Alliance Data Systems Corporation (NYSE:ADS): After opening at $212.36, the stock dipped to an intraday low of $211.52 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $216.85 and the buying power remained strong till the end. The stock closed at $215.4 for the day, a gain of 1.03% for the day session. The total traded volume was 500,943. The stocks close on the previous trading day was $213.21.
Alliance Data Systems Corporation is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a variety of industries. The Company operates through three segments: LoyaltyOne, which includes the Companys Canadian AIR MILES Reward Program and BrandLoyalty; Epsilon, which provides direct marketing solutions, and Private Label Services and Credit, which provides risk management solutions, account origination, funding, transaction processing, customer care, collections and marketing services for the Companys private label and co-brand retail credit card programs. The Company offers a portfolio of integrated outsourced marketing solutions, including customer loyalty programs, database marketing services, end-to-end marketing services, analytics and creative services, direct marketing services and private label and co-brand retail credit card programs.