First Data Corp (NYSE:FDC) Shares Price Target Lifted By $2


The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Vetr cut First Data Corporation from a "strong-buy" rating to a "buy" rating and set a $17.50 target price on the stock.in a research report on Monday. In last trade, the intraday high was $16.44, putting the share price -2.29% below its 52-week high and trades 69.01% higher from the lowest price they have traded at during the previous year. Pacific Crest assumed coverage on shares of First Data Corporation in a research report on Thursday, December 15th. They set an "overweight" rating and a $17.00 price target on the stock.

Many research firms have provided their ratings on First Data Corporation (NYSE:FDC) where Cantor Fitzgerald provided Neutral rating on the stock on 27-Jan-17. The forecast of 22 surveyed investment analysts covering the stock advises investors to Buy stake in the company. The correct version of this piece of content can be read at https://www.thecerbatgem.com/2017/02/16/first-data-corporations-fdc-buy-rating-reaffirmed-at-btig-research.html.

Shares of First Data Corporation (NYSE:FDC) traded up 2.86% during mid-day trading on Tuesday, reaching $15.46. A lower P/B ratio could mean that the stock is undervalued. With an institutional ownership near 65.5%, it carries an earnings per share ratio of 2.83. The stock's market cap is $14.76 billion. The share price has moved forward from its 20 days moving average, trading at a distance of 3.85% and stays 7.4% away from its 50 days moving average.

On Dec 16 First Data Corporation (NYSE:FDC) reported its EPS in the last quarter as $0.39/Share beating the analyst estimate of $0.36/Share by the difference of $0.03. The company reported earnings of 39 cents a share that came in three cents more than the Capital IQ consensus on lower interest costs. The company had revenue of $1.80 billion for the quarter, compared to analysts' expectations of $1.85 billion.

Girl who was subject of Amber Alert charged in murder of mom
County Prosecutor Bernard Cater said his office is seeking a waiver from a juvenile court judge to move Reeves to adult court. Murder charges have been filed against a Gary teenager who was the subject of an Amber Alert earlier this week.

Portland General Electric Company Q4 Earnings Rise 20%
Emerson Electric Company (EMR) formally announced its most recent dividend on February 7, 2017 with a Dividend per share of $0.48. Emerson Electric Company had a return on equity of 24.26% and a net margin of 8.50%. 9 analysts projected on average Earnings.

Barcelona set double negative record in PSG Champions League blow
I don't remember hearing Suarez mentioned much last night, Neymar made a few runs in the PSG half and Messi had an off night. There's very little to be optimistic about as a Barcelona fan or player, to put it bluntly.

As the revenues measures, firm has operation margin of 3.10% in the following twelve months with net profit margin of positive 1.70%. As per the consensus estimate, the company's year-on-year revenue growth is expected to be at 1.78% during the period.

First Data Corporation has a consensus outperform rating from 31 Wall Street analysts, and the number of shares now sold short amount to at least 6.06% of shares outstanding.

Several hedge funds have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN now owns 534,451 shares of the company's stock valued at $7,034,000 after buying an additional 134,423 shares in the last quarter. Meru Capital Group LP boosted its position in First Data Corporation by 101.3% in the second quarter. The stock appeared $16.63 above its 52-week highs and is up 4.84% for the last five trades. Castleark Management LLC acquired a new stake in First Data Corporation during the fourth quarter valued at approximately $4,072,000. Finally, Tudor Investment Corp Et Al acquired a new stake in First Data Corporation during the fourth quarter valued at approximately $183,000.

The counter witnessed a trading volume of 14.31 million shares versus an average volume of 6.98 million shares during last trading session.