NCR Corporation (NCR) Receives Price Target

NCR Corporation (NCR) : The most positive equity analysts on NCR Corporation (NCR) expects the shares to touch $41, whereas, the least positive believes that the stock will trade at $25 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $33.8 with an expected fluctuation of $5.89 from the mean.

NCR Corporation (NCR) has an average broker rating of 2.17, which is interpreted as a Buy, as rated by 6 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.


Also, Equity Analysts at the JP Morgan maintains the rating on NCR Corporation (NYSE:NCR). The brokerage firm has issued a Overweight rating on the shares. The Analysts at the ratings agency raises the price target from $37 per share to $41 per share. The rating by the firm was issued on August 15, 2016.

NCR Corporation (NYSE:NCR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.94 and $33.55 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.05, notching a gain of 0.59% for the day. The total traded volume was 482,419 . The stock had closed at $33.85 on the previous day.

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.

Leave a Reply

Get Pre-Market Alerts!

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