Analyst Rating Update on NCR Corporation (NCR)

NCR Corporation (NYSE:NCR) : Zacks Investment Research ranks NCR Corporation (NYSE:NCR) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 2.17, which indicates as a Buy.

NCR Corporation (NYSE:NCR) : The highest level NCR Corporation (NYSE:NCR) is projected to reach is $36 for the short term and the lowest estimate is at $20. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $30.25 and the possibility the share price can swing is $7.32.

For the current week, the company shares have a recommendation consensus of Buy.

NCR Corporation (NYSE:NCR): stock turned positive on Tuesday. Though the stock opened at $25.7, the bulls momentum made the stock top out at $26.22 level for the day. The stock recorded a low of $25.3 and closed the trading day at $25.86, in the green by 1.97%. The total traded volume for the day was 2,318,392. The stock had closed at $25.36 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Daichendt Gary James, director of Ncr Corp, had unloaded 2,400 shares at an average price of $31.43 in a transaction dated on April 26, 2016. The total value of the transaction was worth $75,432.

NCR Corporation (NCR) is a global technology company that provides products and services that enable businesses to connect, interact and transact with their customers. It operates in four business segments, which include Financial Services, Retail Solutions, Hospitality and Emerging Industries. NCR offers financial services, such as a line of ATM and payment processing hardware and software; cash management and video banking software and digital banking services, and related installation, maintenance and managed and professional services. NCR offers technology solutions to customers in the hospitality industry. The Company offers maintenance, as well as managed and professional services for third-party computer hardware provided to select manufacturers. The Company offers solutions to customers in the retail industry.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.