Robert W. Baird analyst David Koning maintained a Buy rating on Fidelity National Info (FIS – Research Report) on January 23 and set a price target of $84.00. The company’s shares closed yesterday at $74.41.
Koning covers the Services sector, focusing on stocks such as Fidelity National Info, Mastercard, and Visa. According to TipRanks, Koning has an average return of 8.3% and a 65.06% success rate on recommended stocks.
Fidelity National Info has an analyst consensus of Moderate Buy, with a price target consensus of $81.25, which is a 9.19% upside from current levels. In a report released on January 11, RBC Capital also maintained a Buy rating on the stock with a $93.00 price target.
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FIS market cap is currently $44.19B and has a P/E ratio of 48.58.
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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.
Read More on FIS:
- Baird says FIS could be valued at $85-$105/share in strategic takeout scenario
- Fidelity National Information Services call volume above normal and directionally bullish
- FIS takeover rumors mentioned in Betaville blog
- FIS downgraded to Equal Weight from Overweight at Barclays
- FIS expectations staying conservative for now, says Susquehanna
