Alliance Data Systems Receives a New Rating from Top Analyst

By Carrie Williams

RBC Capital analyst Daniel Perlin reiterated a Buy rating on Alliance Data Systems (NYSE: ADS) yesterday and set a price target of $280. The company’s shares closed yesterday at $241.05.

According to, Perlin is a top 100 analyst with an average return of 20.0% and a 88.0% 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 Alliance Data Systems is Moderate Buy and the average price target is $261.36, representing an 8.4% upside.

In a report issued on July 21, JMP Securities also maintained a Buy rating on the stock with a $285 price target.

The company has a one year high of $266.25 and a one year low of $193.67. Currently, Alliance Data Systems has an average volume of 674.6K.

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Alliance Data Systems Corp. engages in the provision of data-driven and transaction-based marketing and customer loyalty solutions. The company operates through the business segments: LoyaltyOne, Epsilon, and Private Label Services and Credit.