First Data Corp (FDC) Receives a Buy from Mizuho Securities

In a report issued on October 29, Thomas McCrohan from Mizuho Securities reiterated a Buy rating on First Data Corp (NYSE: FDC), with a price target of $26. The company’s shares closed yesterday at $18.74.

According to TipRanks.com, McCrohan is ranked #375 out of 4887 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for First Data Corp with a $28.41 average price target, a 51.6% upside from current levels. In a report issued on October 19, Robert W. Baird also maintained a Buy rating on the stock with a $30 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 9.4M.

Based on the recent corporate insider activity of 135 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.