Fiserv (FISV) : Analyst Rating Update

Fiserv (FISV) : The consensus on Fiserv (FISV) based on 15 analyst recommendation on the company stock is 2.47, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 9 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Fiserv (FISV) : Average target price received by Fiserv (FISV) is $101.22 with an expected standard deviation of $11.02. The most aggressive target on the stock is $119, whereas the most downbeat target is $90. 9 financial analysts are currently covering the stock.

Fiserv (NASDAQ:FISV): The stock opened at $109.34 on Wednesday but the bulls could not build on the opening and the stock topped out at $109.78 for the day. The stock traded down to $108.44 during the day, due to lack of any buying support eventually closed down at $108.71 with a loss of -0.66% for the day. The stock had closed at $109.43 on the previous day. The total traded volume was 1,416,212 shares.

Also, Equity Analysts at the Argus Research upgrades the rating on Fiserv (NASDAQ:FISV). The brokerage firm has issued a Buy rating on the shares. The shares were previously rated Hold. The rating by the firm was issued on May 9, 2016. The company shares have rallied 31.20% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $109.66 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $105.30 and the 200 Day Moving Average price is recorded at $98.78.

Fiserv, Inc. (Fiserv) is a global provider of financial services technology. The Company provides account processing systems; electronic payments processing products and services, and related services, including document and payment card production and distribution, check processing and imaging, source capture systems, and lending and risk management products and services. The Companys Payments and Industry Products segment primarily provides debit, credit and prepaid card processing and services, electronic bill payment and presentment services, Internet and mobile banking software and services, person-to-person payment services, and other electronic payments software and services. The Companys Financial Institution Services business segment provides account processing services, item processing and source capture services, loan origination and servicing products, cash management and consulting services.

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