Vantiv (VNTV) : The consensus on Vantiv (VNTV) based on 22 analyst recommendation on the company stock is 1.75, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 12 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Vantiv (VNTV) : The most positive equity analysts on Vantiv (VNTV) expects the shares to touch $65, whereas, the least positive believes that the stock will trade at $52 in the short term. The company is covered by 17 Wall Street Brokerage Firms. The average price target for shares are $58.82 with an expected fluctuation of $3.54 from the mean.
Vantiv (NYSE:VNTV): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $57.26 and $57.21 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $57.87. The buying momentum continued till the end and the stock did not give up its gains. It closed at $57.85, notching a gain of 0.50% for the day. The total traded volume was 1,664,280 . The stock had closed at $57.56 on the previous day.
Also, William Blair initiates coverage on Vantiv (NYSE:VNTV) The current rating of the shares is Outperform. The rating by the firm was issued on April 19, 2016. The company shares have rallied 50.21% from its 1 Year high price. On Apr 27, 2016, the shares registered one year high at $58.09 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $53.62 and the 200 Day Moving Average price is recorded at $51.40.
Vantiv, Inc. (Vantiv) is a holding company that conducts its operations through its majority-owned subsidiary, Vantiv Holding, LLC (Vantiv Holding). The Company operates in two segments: Merchant Services and Financial Institution Services. The Merchant Services segment provides merchant acquiring and payment processing services to national merchants, regional and small-to-mid sized businesses. Merchant Services includes aspects of card processing, including authorization and settlement, customer service, chargeback and retrieval processing and interchange management. The Financial Institution Service segment provides card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine (ATM) driving and network gateway and switching services. It also offers processing for accounts, such as business cards, home equity lines of credit and health savings accounts.