Alliance Data Systems was Upgraded to a Hold Rating at Credit Suisse

By Carrie Williams

Alliance Data Systems (NYSE: ADS) received a Hold rating and a $218 price target from Credit Suisse analyst Paul Condra yesterday. The company’s shares closed yesterday at $232.63.

According to, Condra is a 4-star analyst with an average return of 16.8% and a 72.1% success rate. Condra covers the Technology sector, focusing on stocks such as Fidelity National Info, Total System Services, and Global Payments Inc.

Currently, the analyst consensus on Alliance Data Systems is Moderate Buy and the average price target is $278.45, representing a 19.7% upside.

In a report issued on March 9, Susquehanna also reiterated a Hold rating on the stock with a $267 price target.

The company has a one-year high of $278.33 and a one-year low of $209. Currently, Alliance Data Systems has an average volume of 642.7K.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock.

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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.