Fidelity National Information Services (NYSE:FIS) “Neutral” Rating Has Just Been Reiterated by Goldman Sachs


Fidelity National Information Services (NYSE:FIS) Rating Reaffirmed

Fidelity National Information Services (NYSE:FIS) stock “Neutral” rating has been maintained by Goldman Sachs in a recent report revealed to clients and investors on Tuesday, 1 December.

From a total of 16 analysts covering Fidelity National Information Services (NYSE:FIS) stock, 11 rate it a ”Buy”, 0 a “Sell”, and 6 a ”Hold”. This means that 65% of the ratings are positive. The highest target price is $85 while the lowest target price is $63. The mean of all analyst targets is $76.13 with a 23.05% above today’s ($64.2) stock price. Fidelity National Information Services was the topic of 10 analyst reports since August 7, 2015 according to the firm StockzIntelligence Inc. Monness Crespi & Hardt maintained shares on October 5 with “Buy” rating. Oppenheimer maintained shares with “Outperform” rating and $80 target share price in a report from an August 13. SunTrust maintained FIS stock in a recent report from September 11 with “Buy” rating. Finally, JP Morgan maintained the stock with “Neutral” rating in a report issued on an August 14.

Approximately 1.42M shares of stock traded hands. Fidelity National Information Services (NYSE:FIS) has declined 0.95% since April 28, 2015 and is downtrending. It has outperformed by 0.68% the S&P500.

Fidelity National Information Services, Inc. is a well-known provider of banking and payments technology, consulting and outsourcing solutions. The company has a market cap of $18.41 billion. The Firm operates through four divisions: Financial Solutions Group provides services and software to satisfy the processing, technology, and outsourcing needs of its financial institution clients in North America. It has 24.9 P/E ratio. Payment Solutions Group provides services and software for the electronic funds transfer, card processing, item processing, bill payment, and government payments processing needs of its clients in North America.

According to Zacks Investment Research, “Certegy Inc. provides credit, debit and merchant card processing, e-banking, check risk management and check cashing services to financial institutions and merchants worldwide.” Get a free copy of the Zacks research report on Fidelity National Information Services (FIS)