Vantiv (NYSE:VNTV) : 22 analysts are covering Vantiv (NYSE:VNTV) and their average rating on the stock is 1.75, which is read as a Buy. 12 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. Vantiv (NYSE:VNTV) also receives 3 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Vantiv (NYSE:VNTV) : The consensus price target for Vantiv (NYSE:VNTV) is $58.82 for the short term with a standard deviation of $3.54. The most optimist securities analyst among the 17 who monitor the stock believes that the stock can reach $65, however, the pessimist price target for the company is $52.
For the current week, the company shares have a recommendation consensus of Buy. Also, William Blair initiates coverage on Vantiv (NYSE:VNTV). The current rating of the shares is Outperform, according to the research report released by the firm. The rating by the firm was issued on April 19, 2016.
Vantiv (NYSE:VNTV): stock turned positive on Tuesday. Though the stock opened at $52.84, the bulls momentum made the stock top out at $53.43 level for the day. The stock recorded a low of $52.58 and closed the trading day at $53.37, in the green by 1.95%. The total traded volume for the day was 1,961,728. The stock had closed at $52.35 in the previous days trading.
In an insider trading activity, The officer (Chf Legal & Corp Svcs Officer), of Vantiv, Inc., Greene Nelson F had unloaded 5,434 shares at $53.94 per share in a transaction on June 2, 2016. The total value of transaction was $293,110. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
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.