Analyst Price Target Update on Fiserv (NASDAQ:FISV)

Fiserv (NASDAQ:FISV): The mean short term price target for Fiserv (NASDAQ:FISV) has been established at $101.22 per share. The higher price target estimate is at $119 and the lower price target estimate is expected at $90 according to 9 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $11.02

Many analysts have stated their opinion on the company shares. Argus Research upgrades their rating on the shares of Fiserv (NASDAQ:FISV). The current rating of the shares is Buy. Earlier, the shares were rated a Hold by the brokerage firm. The rating by the firm was issued on May 9, 2016. Company shares have received an average consensus rating of Hold for the current week

On the companys insider trading activities, The officer (Group President), of Fiserv Inc, Gupta Rahul had unloaded 28,603 shares at $105.01 per share in a transaction on May 27, 2016. The total value of transaction was $3,003,601. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Fiserv (NASDAQ:FISV) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.77 points or 0.72% at $105.61 with 891,316 shares getting traded. Post opening the session at $106.28, the shares hit an intraday low of $105.45 and an intraday high of $106.8 and the price was in this range throughout the day. The company has a market cap of $23,480 million and the number of outstanding shares have been calculated to be 222,329,900 shares. The 52-week high of Fiserv (NASDAQ:FISV) is $107.59 and the 52-week low is $77.96.

Fiserv, Inc. (Fiserv) is a global provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, and related services, including document and payment card production and distribution, check processing and imaging, source capture systems, and lending and risk management products and services. The Companys Payments and Industry Products segment primarily provides debit, credit and prepaid card processing and services, electronic bill payment and presentment services, Internet and mobile banking software and services, person-to-person payment services, and other electronic payments software and services. The Companys Financial Institution Services business segment provides account processing services, item processing and source capture services, loan origination and servicing products, cash management and consulting services.

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