Mastercard Incorporated (MA) : Zacks Investment Research ranks Mastercard Incorporated (MA) as 2, which is a Buy recommendation. 13 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 4 other analysts are mildly bullish on the stock and favor a Buy. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 23 research analysts is 1.67, which indicates as a Buy.
Mastercard Incorporated (MA) stock is expected to deviate a maximum of $4.7 from the average target price of $108.78 for the short term period. 18 Street Experts have initiated coverage on the stock with the most promising target being $115 and the most muted being $99.
For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Barclays maintains its outlook on Mastercard Incorporated (NYSE:MA). The current rating of the shares is Overweight, according to the research report released by the firm. The brokerage firm raises the price target from $103 per share to $107 per share. The rating by the firm was issued on July 29, 2016.
Mastercard Incorporated (NYSE:MA): The stock opened at $95.07 on Wednesday but the bulls could not build on the opening and the stock topped out at $95.45 for the day. The stock traded down to $94.78 during the day, due to lack of any buying support eventually closed down at $95.08 with a loss of -0.18% for the day. The stock had closed at $95.25 on the previous day. The total traded volume was 3,006,115 shares.
MasterCard Incorporated is a technology company in the global payments industry. The Company connects consumers, financial institutions, merchants, Governments and businesses around the world, enabling them to use electronic forms of payment instead of cash and checks. The Companys brands include MasterCard, Maestro and Cirrus. It provides offerings, such as loyalty and reward programs, information services and consulting. The Company focuses on segments, including Government programs, such as Social Security payments, unemployment benefits and others; commercial programs, such as payroll, health savings accounts, employee benefits and others, and consumer reloadable programs for individuals without formal banking relationships and non-traditional users of electronic payments. The Company provides a variety of products and solutions that support payment products that customers can offer to their cardholders.