Total System Services Receives a Buy from Robert W. Baird

By Jason Carr

In a report released today, David Koning from Robert W. Baird maintained a Buy rating on Total System Services (NYSE: TSS), with a price target of $102. The company’s shares closed yesterday at $90.57, close to its 52-week high of $91.80.

According to TipRanks.com, Koning is a top 100 analyst with an average return of 18.0% and a 85.1% success rate. Koning covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Global Payments Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Total System Services with a $101.50 average price target, representing a 12.1% upside. In a report issued on July 13, Stephens also maintained a Buy rating on the stock with a $100 price target.

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Total System Services’ market cap is currently $16.51B and has a P/E ratio of 26.96. The company has a Price to Book ratio of 6.90.

Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is neutral on the stock. Most recently, in May 2018, Patricia Watson, the Senior EVP and CIO of TSS sold 15,332 shares for a total of $1,308,586.

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.