Total System Services (NYSE:TSS) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 2.29 by 14 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 8 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Major Brokerage house, Citigroup maintains its ratings on Total System Services (NYSE:TSS). In the latest research report, Citigroup raises the target price from $61 per share to $63 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on June 13, 2016.
Total System Services (NYSE:TSS): The mean short term price target for Total System Services (NYSE:TSS) has been established at $57 per share. The higher price target estimate is at $61 and the lower price target estimate is expected at $50 according to 7 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $3.79
Total System Services (NYSE:TSS) witnessed a decline in the market cap on Tuesday as its shares dropped 0.36% or 0.19 points. After the session commenced at $53.05, the stock reached the higher end at $53.36 while it hit a low of $52.63. With the volume soaring to 1,403,748 shares, the last trade was called at $52.72. The company has a 52-week high of $56.69. The company has a market cap of $9,680 million and there are 183,612,030 shares in outstanding. The 52-week low of the share price is $37.47.
Shares of Total System Services, Inc. appreciated by 1.42% during the last five trading days but lost 2.53% on a 4-week basis. Total System Services, Inc. is up 14.76% in the last 3-month period. Year-to-Date the stock performance stands at 6.1%.
Total System Services, Inc. (TSYS) is a global payment solutions provider that provides services to financial and nonfinancial institutions. The Company also provides processing services, acquiring solutions, related systems and integrated support services to merchant acquirers and merchants. In addition, it provides general purpose reloadable (GPR) prepaid and payroll cards, and alternative financial service solutions to the underbanked and other consumers. Its operating segments include North America Services, Merchant Services, NetSpend and International Services. Through the Companys North America Services and International Services segments, TSYS processes information through its cardholder systems to financial and non-financial institutions. The Merchant Services segment includes electronic processing and other services provided to merchants and merchant acquirers. The NetSpend segment provides GPR prepaid debit and payroll cards and alternative financial service solutions.