Fiserv (FISV) : Zacks Investment Research ranks Fiserv (FISV) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 9 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 2.47, which indicates as a Buy.
Fiserv (FISV) : The consensus price target for Fiserv (FISV) is $107 for the short term with a standard deviation of $11.24. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $121, however, the pessimist price target for the company is $90.
Company shares have received an average consensus rating of Hold for the current week Fiserv (NASDAQ:FISV): The stock opened at $104.29 on Thursday but the bulls could not build on the opening and the stock topped out at $104.79 for the day. The stock traded down to $103.07 during the day, due to lack of any buying support eventually closed down at $103.39 with a loss of -0.77% for the day. The stock had closed at $104.19 on the previous day. The total traded volume was 1,293,194 shares.
In a related news, Yabuki Jeffery W, director officer (President and CEO) of Fiserv Inc, unloaded 12,000 shares at an average price of $110.8 on July 20, 2016. The total amount of the transaction was worth $1,329,600, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.