First Data Corp (NYSE:FDC): What Macquarie Research Is Saying About Their Stock

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How Macquarie Research Currently Rates First Data Corp (NYSE:FDC)

In analysts note revealed to investors on Friday morning, Macquarie Research analyst just initiated coverage of First Data Corp (NYSE:FDC) with “Outperform” rating.

From a total of 17 analysts covering First Data Corp (NYSE:FDC) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is $22 while the lowest target price is $17. The mean of all analyst targets is $20.09 with a 27.51% above today’s ($15.52) stock price. First Data Corp was the topic of 19 analyst reports since October 20, 2015 according to the firm StockzIntelligence Inc. Credit Suisse initiated shares on December 11 with “Neutral” rating. Robert W. Baird initiated shares with “Neutral” rating and $20 target share price in a report from a November 13. Bernstein initiated FDC stock in a recent report from December 10 with “Market-Perform” rating. Deutsche Bank initiated the rating on November 9. Deutsche Bank has a “Buy” rating and a $20 price target on shares. Finally, Topeka Capital Markets initiated the stock with “Hold” rating in a report issued on a November 13.

Approximately 20.72 million shares of stock traded hands or 627.02% up from the average. First Data Corp (NYSE:FDC) has risen 6.00% since November 19, 2015 and is uptrending. It has outperformed by 9.81% the S&P500.

First Data Corporation is a United States company, which provides electronic commerce and payment solutions for merchants, financial institutions and card issuers. The company has a market cap of $13.99 billion. The Firm provides services, including merchant transaction processing and acquiring; credit, retail, and debit card issuing and processing; prepaid services, and check verification, settlement and guarantee services. It currently has negative earnings.

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