Brokerage Firm Rating Update on Mastercard Incorporated (MA)

Mastercard Incorporated (MA) : 12 brokerage houses believe that Mastercard Incorporated (MA) is a Strong Buy at current levels. 4 Analyst considers the fundamentals to be worthy of a Buy recommendation. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Mastercard Incorporated (MA). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 22 Wall Street Analysts endorse the stock as a Buy with a rating of 1.7.

Mastercard Incorporated (MA) : Currently there are 17 street experts covering Mastercard Incorporated (MA) stock. The most bullish and bearish price target for the stock is $119 and $99 respectively for the short term. The average price target of all the analysts comes to $109.94. The estimated standard deviation from the target is $5.63.


For the current week, the company shares have a recommendation consensus of Buy. Also, Barclays maintains its view on Mastercard Incorporated (NYSE:MA) according to the research report released by the firm to its investors. The shares have now been rated Overweight by the stock experts at the ratings house. Barclays raises the price target from $103 per share to $107 per share on Mastercard Incorporated. The rating by the firm was issued on July 29, 2016.

Mastercard Incorporated (NYSE:MA): The stock opened at $98.49 and touched an intraday high of $99.6 on Wednesday. During the day, the stock corrected to an intraday low of $98.26, however, the bulls stepped in and pushed the price higher to close in the green at $99.57 with a gain of 0.79% for the day. The total traded volume for the day was 4,198,160. The stock had closed at $98.79 in the previous trading session.

MasterCard Incorporated is a technology company in the global payments industry. The Company connects consumers, financial institutions, merchants, Governments and businesses around the world, enabling them to use electronic forms of payment instead of cash and checks. The Companys brands include MasterCard, Maestro and Cirrus. It provides offerings, such as loyalty and reward programs, information services and consulting. The Company focuses on segments, including Government programs, such as Social Security payments, unemployment benefits and others; commercial programs, such as payroll, health savings accounts, employee benefits and others, and consumer reloadable programs for individuals without formal banking relationships and non-traditional users of electronic payments. The Company provides a variety of products and solutions that support payment products that customers can offer to their cardholders.

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