NCR Corp (NYSE:NCR) Rating Reaffirmed
JP Morgan has decided to restate their “Overweight” rating on NCR Corp (NYSE:NCR) in an interesting research report published on 18 December.
From a total of 7 analysts covering NCR (NYSE:NCR) 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 $34 while the lowest target price is $22. The mean of all analyst targets is $29.43 with a 17.93% above today’s ($25.16) stock price. NCR was the topic of 5 analyst reports since August 20, 2015 according to the firm StockzIntelligence Inc. Oppenheimer downgraded shares on December 3 to “Perform” rating. Oppenheimer maintained shares with “Outperform” rating and $31 target share price in a report from an October 28. Zacks upgraded NCR stock in a recent report from September 2 to “Buy” rating.
Approximately 1.97M shares of stock traded hands. NCR Corporation (NYSE:NCR) has declined 14.27% since May 15, 2015 and is downtrending. It has underperformed by 10.46% the S&P500.
NCR Corporation is a global technology firm that provides services and products that enable businesses to connect, interact and transact with their customers. The company has a market cap of $4.49 billion. It operates in four business divisions, which include Financial Services, Retail Solutions, Hospitality and Emerging Industries. It currently has negative earnings. 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.
According to Zacks Investment Research, “NCR Corporation is a recognized world leader in providing Relationship Technology solutions for the retail, financial, communications, travel and transportation, and insurance markets. NCR’s Relationship Technology solutions include privacy-enabled Teradata warehouses, ATMs and store automation. The company’s business solutions are built on the foundation of its long-established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and world-leading hardware technology.”