Barclays Believes Total System Services (NYSE: TSS) Won’t Stop Here

By Jason Carr

In a report released today, Darrin Peller from Barclays maintained a Buy rating on Total System Services (NYSE: TSS), with a price target of $78. The company’s shares opened today at $67.72, close to its 52-week high of $70.62.

According to, Peller is a top 100 analyst with an average return of 18.2% and a 77.0% success rate. Peller covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions Llc, Automatic Data Processing, and Fidelity National Info.

Currently, the analyst consensus on Total System Services is Moderate Buy and the average price target is $70.67, representing a 4.4% upside.

In a report issued on September 29, RBC Capital also reiterated a Buy rating on the stock with a $75 price target.

Based on Total System Services’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.22 billion and quarterly net profit of $115 million. In comparison, last year the company earned revenue of $1.15 billion and had a net profit of $84.96 million.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2017, Philip Tomlinson, a Director at TSS sold 220,974 shares for a total of $14,063,890.

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Total System Services, Inc. provides electronic payment processing services to banks and other financial institutions. It operates through the following segments: North America Services, International Services, Merchant Services and NetSpend.