Brokerage Firm Rating Update on Fiserv (FISV)

Fiserv (FISV) : 13 analysts are covering Fiserv (FISV) and their average rating on the stock is 2.54, which is read as a Hold. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 8 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Fiserv (FISV) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $121 and the lowest price target forecast is $100. The average forecast of all the analysts is $108.67 and the expected standard deviation is $9.58.


Company shares have received an average consensus rating of Hold for the current week Also, Jefferies maintains its view on Fiserv (NASDAQ:FISV) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Jefferies raises the price target from $119 per share to $121 per share on Fiserv . The rating by the firm was issued on August 4, 2016.

Fiserv (NASDAQ:FISV): stock was range-bound between the intraday low of $102.88 and the intraday high of $103.76 after having opened at $103.76 on Wednesdays session. The stock finally closed in the red at $103.76, a loss of -0.55%. The stock remained in the red for the whole trading day. The total traded volume was 635,637 shares. The stock failed to cross $103.76 in Wednesdays trading. The stocks closing price on Thursday was $103.7.

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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