StockNews.com Initiates Coverage on Fiserv (NASDAQ:FISV)

Equities research analysts at StockNews.com started coverage on shares of Fiserv (NASDAQ:FISV) in a report released on Saturday. The brokerage set a “buy” rating on the stock.

Fiserv Trading Down 0.9 %

Shares of NASDAQ:FISV opened at $209.45 on Friday. Fiserv has a 12 month low of $87.03 and a 12 month high of $122.39. The firm has a 50-day simple moving average of $218.86. The company has a market cap of $131.56 billion, a P/E ratio of 55.26 and a beta of 0.86.

About Fiserv

Fiserv, Inc, together with its subsidiaries, provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel commerce solution; Clover, a cloud-based point-of-sale and business management platform; and Clover Connect, an independent software vendors platform.