Total System Services Gets a Buy Rating from Robert W. Baird

By Ryan Adsit

In a report released today, David Koning from Robert W. Baird reiterated a Buy rating on Total System Services (NYSE: TSS), with a price target of $96. The company’s shares opened today at $87.28, close to its 52-week high of $90.74.

According to TipRanks.com, Koning is a top 100 analyst with an average return of 17.4% and a 81.9% success rate. Koning covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Exlservice Holdings.

Currently, the analyst consensus on Total System Services is Moderate Buy and the average price target is $94.61, representing an 8.4% upside.

In a report issued on April 5, Stephens also reiterated a Buy rating on the stock with a $96 price target.

Total System Services’ market cap is currently $15.92B and has a P/E ratio of 27.62. The company has a book value ratio of 7.0456.

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. Last month, Dorenda Weaver, the EVP & CAO of TSS sold 24,160 shares for a total of $2,176,888.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Total System Services, Inc. provides electronic payment processing services to banks and other financial institutions. It operates through the following segments: Issuer Solutions, Merchant Solutions, Netspend, and Corporate Administration and Other.