Mastercard Incorporated (MA) Receives ‘Analyst’ Rating

Mastercard Incorporated (MA) : Zacks Investment Research ranks Mastercard Incorporated (MA) as 3, which is a Hold 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) : 18 investment research analysts covering Mastercard Incorporated (MA) have an average price target of $110.89 for the near short term. The highest target price given by the Brokerage Firm to the stock is $122 and the lowest target is $99 for the short term. Analysts expect the variance to be within $5.84 of the average price.


Also, In a research note released to the investors, Barclays maintains its rating on Mastercard Incorporated (NYSE:MA).The analysts at the brokerage house have a current rating of Overweight on the shares. In a recent information released to the investors, Barclays raises the new price target from $107 per share to $110 per share. The rating by the firm was issued on September 8, 2016.

Mastercard Incorporated (NYSE:MA): After opening at $98.57, the stock dipped to an intraday low of $98.45 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $99.815 and the buying power remained strong till the end. The stock closed at $99.47 for the day, a gain of 0.77% for the day session. The total traded volume was 3,490,991. The stocks close on the previous trading day was $98.71.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.