Brokerage Firm Rating Update on Visa (V)

Visa (V) : The consensus on Visa (V) based on 21 analyst recommendation on the company stock is 1.55, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 14 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Visa (V) : 17 investment research analysts covering Visa (V) have an average price target of $90.77 for the near short term. The highest target price given by the Brokerage Firm to the stock is $100 and the lowest target is $77 for the short term. Analysts expect the variance to be within $5.8 of the average price.


For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Barclays maintains its outlook on Visa (NYSE:V). The current rating of the shares is Overweight, according to the research report released by the firm. The brokerage firm lowers the price target from $90 per share to $88 per share. The rating by the firm was issued on July 7, 2016.

Visa (NYSE:V): The stock opened at $82.48 and touched an intraday high of $83.26 on Wednesday. During the day, the stock corrected to an intraday low of $82.36, however, the bulls stepped in and pushed the price higher to close in the green at $83.24 with a gain of 0.86% for the day. The total traded volume for the day was 9,304,730. The stock had closed at $82.53 in the previous trading session.

Visa Inc. is a payments technology company. The Company is engaged in operating a processing network, VisaNet, which facilitates authorization, clearing and settlement of payment transactions across the world. The Company provides its services to consumers, businesses, financial institutions and governments in more than 200 countries and territories for electronic payments. The Company offers fraud protection for account holders and rapid payment for merchants. The Company provides a variety of payment solutions that support payment products that issuers can offer to their account holders, such as pay now with debit, pay ahead with prepaid or pay later with credit products. The Company offers a suite of digital, eCommerce and mobile products and services.

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