Credit Suisse Sticks to Their Hold Rating for Total System Services

By Jason Carr

In a report released yesterday, Paul Condra from Credit Suisse maintained a Hold rating on Total System Services (NYSE: TSS), with a price target of $95. The company’s shares closed yesterday at $85.89, close to its 52-week high of $90.74.

According to TipRanks.com, Condra is a 5-star analyst with an average return of 15.4% and a 78.5% success rate. Condra covers the Technology sector, focusing on stocks such as Fidelity National Info, Alliance Data Systems, and Global Payments Inc.

Total System Services has an analyst consensus of Moderate Buy, with a price target consensus of $95.78.

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The company has a one-year high of $90.74 and a one-year low of $57.53. Currently, Total System Services has an average volume of 1.2M.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. Earlier this month, 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.