In a report released today, Jason Kupferberg from Bank of America Securities reiterated a Buy rating on Fiserv (FI – Research Report), with a price target of $236.00. The company’s shares opened today at $169.04.
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Kupferberg covers the Technology sector, focusing on stocks such as Fiserv, Block, and Shift4 Payments. According to TipRanks, Kupferberg has an average return of -2.2% and a 52.25% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fiserv with a $211.09 average price target.
FI market cap is currently $90.58B and has a P/E ratio of 28.90.
Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FI in relation to earlier this year. Last month, Andrew Gelb, the EVP, Co-Head of Fin. Sols. of FI sold 5,652.00 shares for a total of $904,320.00.
Read More on FI:
- Circle, Fiserv to explore and develop stablecoin-enabled solutions
- Morning Movers: Hims & Hers plunges after Wegovy pact termination
- Fiserv Announces New Stablecoin Strategy with PayPal and Circle (CRCL)
- Fiserv plans to launch stablecoin, platform, WSJ reports
- Fiserv to launch new Fiserv digital asset platform, stablecoin