Robert W. Baird Sticks to Their Buy Rating for Total System Services

By Carrie Williams

Robert W. Baird analyst David Koning reiterated a Buy rating on Total System Services (NYSE: TSS) on October 10 and set a price target of $76. The company’s shares opened today at $67.43, close to its 52-week high of $70.62.

According to, Koning is a top 100 analyst with an average return of 16.5% and a 85.9% success rate. Koning covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Sykes Enterprises Inc.

Currently, the analyst consensus on Total System Services is Moderate Buy and the average price target is $70.50, representing a 4.6% upside.

In a report issued on September 29, RBC Capital also reiterated a Buy rating on the stock with a $75 price target.

The company has a one-year high of $70.62 and a one-year low of $46.22. Currently, Total System Services has an average volume of 1.25M.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2017, Philip Tomlinson, a Director at TSS sold 220,974 shares for a total of $14,063,890.

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Total System Services, Inc. provides electronic payment processing services to banks and other financial institutions. It operates through the following segments: North America Services, International Services, Merchant Services and NetSpend.