First Data Corp (FDC) Gets a Hold Rating from Tigress Financial

By Austin Angelo

In a report released today, Ivan Feinseth from Tigress Financial reiterated a Hold rating on First Data Corp (FDCResearch Report). The company’s shares opened today at $24.43.

According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 15.3% and a 64.8% success rate. Feinseth covers the Services sector, focusing on stocks such as Booking Holdings Inc, Southwest Airlines, and Royal Caribbean.

First Data Corp has an analyst consensus of Moderate Buy, with a price target consensus of $24.62, which is a 0.8% upside from current levels. In a report issued on January 16, Cowen & Co. also downgraded the stock to Hold with a $22.70 price target.

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The company has a one-year high of $26.62 and a one-year low of $14.73. Currently, First Data Corp has an average volume of 16.14M.

Based on the recent corporate insider activity of 131 insiders, corporate insider sentiment is negative on the stock.

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First Data Corp. engages in the provision of commerce-enabling technology and solutions; and payment technology and services. It operates through the following segments: Global Business Solutions; Global Financial Solutions; and Network and Security Solutions.