Vantiv Inc Receives a Buy from RBC Capital

By Carrie Williams

In a report issued on October 11, Daniel Perlin from RBC Capital reiterated a Buy rating on Vantiv Inc (NYSE: VNTV), with a price target of $78. The company’s shares opened today at $70.58, close to its 52-week high of $73.14.

According to TipRanks.com, Perlin is a top 100 analyst with an average return of 22.0% and a 86.8% success rate. Perlin covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Automatic Data Processing, and Bottomline Technologies.

Currently, the analyst consensus on Vantiv Inc is Moderate Buy and the average price target is $77.22, representing a 9.4% upside.

In a report issued on September 29, Nomura also maintained a Buy rating on the stock with a $85 price target.

Vantiv Inc’s market cap is currently $11.43B and has a P/E ratio of 54.54. The company has a book value ratio of 7.7774.

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Vantiv, Inc. is a payment processor company. The company offers a suite of payment processing services that enables its clients to meet their payment processing needs through a single provider, including in omni-channel environments that span point of sale, ecommerce and mobile devices.