NCR Corporation (NCR) Receives Analyst Rating

NCR Corporation (NCR) : The consensus on NCR Corporation (NCR) based on 6 analyst recommendation on the company stock is 2.17, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

NCR Corporation (NCR) : The highest level NCR Corporation (NCR) is projected to reach is $41 for the short term and the lowest estimate is at $25. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $33.8 and the possibility the share price can swing is $5.89.


Also, Major Brokerage house, JP Morgan maintains its ratings on NCR Corporation (NYSE:NCR). In the latest research report, JP Morgan raises the target price from $37 per share to $41 per share. According to the latest information available, the shares are now rated Overweight by the analysts at the agency. The rating by the firm was issued on August 15, 2016.

NCR Corporation (NYSE:NCR): After opening at $31.45, the stock dipped to an intraday low of $31.31 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $32.197 and the buying power remained strong till the end. The stock closed at $32.1 for the day, a gain of 2.20% for the day session. The total traded volume was 593,361. The stocks close on the previous trading day was $31.41.

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.

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