Oppenheimer Sticks to Its Hold Rating for Fiserv (FISV)

In a report released yesterday, Dominick Gabriele from Oppenheimer maintained a Hold rating on Fiserv (FISVResearch Report). The company’s shares closed last Wednesday at $98.00.

According to TipRanks.com, Gabriele is a 1-star analyst with an average return of -2.2% and a 46.4% success rate. Gabriele covers the Financial sector, focusing on stocks such as Discover Financial Services, Capital One Financial, and Synchrony Financial.

Fiserv has an analyst consensus of Strong Buy, with a price target consensus of $122.89, which is a 22.0% upside from current levels. In a report released yesterday, Rosenblatt Securities also maintained a Hold rating on the stock with a $107.00 price target.

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The company has a one-year high of $125.05 and a one-year low of $73.50. Currently, Fiserv has an average volume of 4.53M.

Based on the recent corporate insider activity of 85 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FISV in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Fiserv, Inc. engages in the provision of financial services technology. It operates through the Payments, Financial, and Corporate and Other segments. The Payments segment primarily provides electronic bill payment and presentment services, internet and mobile banking software and services, account-to-account transfers, person-to-person payment services, debit and credit card processing and services, payments infrastructure services, and other electronic payments software and services. The Financial segment provides financial institutions with account processing services, item processing and source capture services, loan origination and servicing products, cash management and consulting services, and other products and services that support numerous types of financial transactions. The Corporate and Other segment consists of intercompany eliminations, amortization of acquisition-related intangible assets, unallocated corporate expenses and other activities that are not considered when management evaluates segment performance, such as gains on sales of businesses and associated transition services. The company was founded by Leslie M. Muma and George D. Dalton on July 31, 1984 and is headquartered in Brookfield, WI.