Vantiv (NYSE:VNTV): The mean short term price target for Vantiv (NYSE:VNTV) has been established at $58.82 per share. The higher price target estimate is at $65 and the lower price target estimate is expected at $52 according to 17 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $3.54
Many analysts have stated their opinion on the company shares. William Blair initiates coverage on Vantiv (NYSE:VNTV). The rating major has initiated the coverage with outperform rating on the shares. The rating by the firm was issued on April 19, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities, Greene Nelson F, officer (Chf Legal & Corp Svcs Officer) of Vantiv, Inc., unloaded 5,434 shares at an average price of $53.94 on June 2, 2016. The total amount of the transaction was worth $293,110, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Vantiv (NYSE:VNTV) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.59 points or 1.14% at $51.21 with 1,857,525 shares getting traded. Post opening the session at $51.35, the shares hit an intraday low of $51.05 and an intraday high of $51.87 and the price was in this range throughout the day. The company has a market cap of $9,801 million and the number of outstanding shares have been calculated to be 191,378,680 shares. The 52-week high of Vantiv (NYSE:VNTV) is $58.09 and the 52-week low is $37.69.
Vantiv, Inc. (Vantiv) is a holding company that conducts its operations through its majority-owned subsidiary, Vantiv Holding, LLC (Vantiv Holding). The Company operates in two segments: Merchant Services and Financial Institution Services. The Merchant Services segment provides merchant acquiring and payment processing services to national merchants, regional and small-to-mid sized businesses. Merchant Services includes aspects of card processing, including authorization and settlement, customer service, chargeback and retrieval processing and interchange management. The Financial Institution Service segment provides card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine (ATM) driving and network gateway and switching services. It also offers processing for accounts, such as business cards, home equity lines of credit and health savings accounts.