Fidelity National Info (FIS) Received its Third Buy in a Row

After Robert W. Baird and KBW gave Fidelity National Info (NYSE: FIS) a Buy rating last month, the company received another Buy, this time from Mizuho Securities. Analyst Dan Dolev maintained a Buy rating on Fidelity National Info today and set a price target of $130.00. The company’s shares closed last Wednesday at $104.13.

According to TipRanks.com, Dolev is a 2-star analyst with an average return of 0.0% and a 50.7% success rate. Dolev covers the Services sector, focusing on stocks such as Fleetcor Technologies, Paypal Holdings, and Mastercard.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Fidelity National Info with a $128.61 average price target, a 23.5% upside from current levels. In a report issued on July 20, Wolfe Research also maintained a Buy rating on the stock with a $135.00 price target.

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Based on Fidelity National Info’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.49 billion and net profit of $120 million. In comparison, last year the company earned revenue of $3.22 billion and had a GAAP net loss of $373 million.

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Incorporated in 1968, Florida-based Fidelity National Information Services, Inc. operates as a financial services technology company in the United States and internationally. It operates through three segments: Merchant Solutions, Banking Solutions, and Capital Market Solutions.

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