NCR Corporation (NCR) is Reiterated by Wedbush to Neutral, Raises Price Target to $ 25

NCR Corporation (NCR) was Reiterated by Wedbush to “Neutral” according to the research note released today. The brokerage firm has raised the Price Target to $ 25 from a previous price target of $20 . Wedbush advised their investors in a research report released on Jul 27, 2016.

On the company’s financial health, NCR Corporation reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.33. The company had revenue of $1444.00 million for the quarter, compared to analysts expectations of $1462.50 million. The company’s revenue was down -2.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.43 EPS.

NCR Corporation opened for trading at $31.92 and hit $33.12 on the upside on Thursday, eventually ending the session at $32.97, with a gain of 2.93% or 0.94 points. The heightened volatility saw the trading volume jump to 13,16,085 shares. Company has a market cap of $4,085 M.

In a different news, on Apr 27, 2016, Gary James Daichendt (director) sold 2,400 shares at $31.43 per share price. According to the SEC, on Apr 27, 2016, Edward P Boykin (director) sold 2,400 shares at $31.43 per share price. On Feb 23, 2016, Andrea Ledford (SVP Corp Svs, Chief HR Officer) sold 10,182 shares at $22.32 per share price, according to the Form-4 filing with the securities and exchange commission.

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.

NCR Corporation

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