Mizuho Securities Reaffirms Their Hold Rating on Vantiv Inc

By Jason Carr

Mizuho Securities analyst Thomas McCrohan reiterated a Hold rating on Vantiv Inc (NYSE: VNTV) yesterday and set a price target of $80. The company’s shares closed yesterday at $77.20, close to its 52-week high of $77.23.

According to TipRanks.com, McCrohan is a 4-star analyst with an average return of 17.0% and a 81.6% success rate. McCrohan covers the Technology sector, focusing on stocks such as Total System Services, Global Payments Inc, and Mitek Systems Inc.

Currently, the analyst consensus on Vantiv Inc is Strong Buy and the average price target is $84.64, representing a 9.6% upside.

In a report released yesterday, SunTrust Robinson also maintained a Hold rating on the stock with a $77 price target.

The company has a one-year high of $77.23 and a one-year low of $59.10. Currently, Vantiv Inc has an average volume of 2.58M.

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Vantiv, Inc. is a payment processor company. The firm 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.