Short Term Rating on Fidelity National Information Services (FIS)

Fidelity National Information Services (FIS) : 15 analysts are covering Fidelity National Information Services (FIS) and their average rating on the stock is 1.4, which is read as a Strong Buy. 11 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. Fidelity National Information Services (FIS) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Fidelity National Information Services (FIS) : The most positive equity analysts on Fidelity National Information Services (FIS) expects the shares to touch $85, whereas, the least positive believes that the stock will trade at $72 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $80.83 with an expected fluctuation of $3.51 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.


Fidelity National Information Services (NYSE:FIS): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $76.36 and $76.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $77.07. The buying momentum continued till the end and the stock did not give up its gains. It closed at $76.95, notching a gain of 1.24% for the day. The total traded volume was 1,871,889 . The stock had closed at $76.01 on the previous day.

Fidelity National Information Services, Inc. is a provider of banking and payments technology, consulting and outsourcing solutions. The Company operates through four segments: Financial Solutions Group provides services and software to satisfy the processing, technology, and outsourcing needs of its financial institution clients in North America. Payment Solutions Group provides services and software for the electronic funds transfer, card processing, item processing, bill payment, and government payments processing needs of its clients in North America. International Solutions Group offers banking applications, channel solutions, debit/credit/and prepaid card and merchant services, wealth management services, item processing and check risk management solutions to financial institutions, card issuers, commercial enterprises and government operations. Corporate and Other consists of the corporate overhead and costs of leveraged functions that are not allocated to operating segments.

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