Analysts Set Fiserv, Inc. (NYSE:FI) PT at $239.83

Shares of Fiserv, Inc. (NYSE:FI) have received an average rating of “Buy” from the twenty-five brokerages that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $239.83.

A number of equities analysts have issued reports on the company. The Goldman Sachs Group increased their price target on Fiserv from $208.00 to $231.00 and gave the company a “neutral” rating in a research note on Tuesday, December 3rd. BMO Capital Markets lifted their target price on Fiserv from $233.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, February 6th. KeyCorp boosted their price target on shares of Fiserv from $250.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Seaport Res Ptn upgraded shares of Fiserv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 14th. Finally, Citigroup boosted their target price on shares of Fiserv from $230.00 to $233.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th.

Fiserv Price Performance

Shares of NYSE FI opened at $230.85 on Thursday. The stock has a market cap of $131.34 billion, a P/E ratio of 42.83, a P/E/G ratio of 1.52 and a beta of 0.94. The firm’s 50-day simple moving average is $210.77 and its 200 day simple moving average is $195.72. Fiserv has a fifty-two week low of $145.44 and a fifty-two week high of $233.26. The company has a quick ratio of 1.07, a current ratio of 1.06 and a debt-to-equity ratio of 0.86.

Fiserv (NYSE:FI) last released its quarterly earnings results on Wednesday, February 5th. The business services provider reported $2.51 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.03. Fiserv had a net margin of 15.31% and a return on equity of 17.93%. Equities analysts expect that Fiserv will post 10.22 EPS for the current year.

Institutional Investors Weigh In On Fiserv

A number of institutional investors have recently modified their holdings of the stock. Valley National Advisers Inc. acquired a new stake in Fiserv during the fourth quarter valued at $29,000. Marshall Investment Management LLC purchased a new stake in shares of Fiserv during the 4th quarter worth about $29,000. Compass Financial Services Inc acquired a new stake in shares of Fiserv during the 4th quarter valued at about $31,000. Campbell Capital Management Inc. bought a new stake in shares of Fiserv in the 4th quarter valued at approximately $37,000. Finally, Kennebec Savings Bank acquired a new position in Fiserv in the third quarter worth approximately $40,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Company Profile

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.