Mizuho Securities Sticks to Its Buy Rating for First Data Corp (FDC)

By Jason Carr

In a report released today, Thomas McCrohan from Mizuho Securities reiterated a Buy rating on First Data Corp (FDCResearch Report), with a price target of $21. The company’s shares closed yesterday at $17.04.

According to TipRanks.com, McCrohan is a 4-star analyst with an average return of 11.1% and a 52.4% success rate. McCrohan covers the Technology sector, focusing on stocks such as Total System Services, Square Inc, and WEX.

Currently, the analyst consensus on First Data Corp is a Strong Buy with an average price target of $25.71, implying a 50.9% upside from current levels. In a report released yesterday, KeyBanc also maintained a Buy rating on the stock with a $20 price target.


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First Data Corp’s market cap is currently $15.97B and has a P/E ratio of 9.03. The company has a Price to Book ratio of 3.93.

Based on the recent corporate insider activity of 118 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.