The shares of Fidelity National Information Services, Inc. (NYSE:FIS) has been pegged with a rating of Buy by BofA/Merrill in its latest research note that was published on May 14th, 2019. The research company has also assigned a $139 price target. BofA/Merrill wasn’t the only research firm that published a report of Fidelity National Information Services, Inc., with other equities research analysts also giving their opinion on the stock. Raymond James advised investors in its research note published on April 12th, 2019, to Strong Buy the FIS stock while also putting a $131 price target. The stock had earned Outperform rating from Keefe Bruyette when it published its report on April 9th, 2019. That day the Keefe Bruyette set price target on the stock to $136. The stock was given Outperform rating by Wedbush in its report released on March 22nd, 2019, the day when the price target on the stock was placed at $140. Goldman was of a view that FIS is Buy in its latest report on December 11th, 2018. JP Morgan thinks that FIS is worth Neutral rating. This was contained in the firm’s report on December 12th, 2017.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 5 believe it has the potential for further growth, thus rating it as Hold while 10 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $133.06. The price of the stock the last time has raised by 23.69% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 60.90.
The shares of the company added by 1.27% during the trading session on Tuesday, reaching a low of $115.90 while ending the day at $116.92. During the trading session, a total of 2.85 million shares were traded which represents a 20.31% incline from the average session volume which is 3.58M shares. FIS had ended its last session trading at 115.45. Fidelity National Information Services, Inc. currently has a market cap of $37.77B, while its P/E ratio stands at 47.49, while its P/E earnings growth sits at 4.49, with a beta of 0.74. Fidelity National Information Services, Inc. debt-to-equity ratio currently stands at 0.93, while its quick ratio hovers at 1.00. FIS 52-week low price stands at $94.53 while its 52-week high price is $117.99.
The company in its last quarterly report recorded $1.64 earnings per share which is above the $1.57 predicted by most analysts. The Fidelity National Information Services, Inc. generated $2,057.00 million in revenue during the last quarter, which is slightly higher than the $2,019.09 million predicted by analysts. In the second quarter last year, the firm recorded $1.60 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 2.44%. Fidelity National Information Services, Inc. has the potential to record 2.46 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Bernstein published a research note on May 3rd, 2019 where it informed investors and clients that Target Corporation (NYSE:TGT) is now rated as Mkt Perform. Raymond James also rated TGT as Resumed on April 12th, 2019, with its price target of $28 suggesting that TGT could surge by 17.71% from its current share price. Even though the stock has been trading at $71.68/share, analysts expect it to surge higher by -0.59% to reach $86.60/share. It started the day trading at $71.77 and traded between $70.03 and $71.26 throughout the trading session.
A look at its technical shows that TGT’s 50-day SMA is 78.43 while its 200-day SMA stands at 77.95. The stock has a high of $90.39 for the year while the low is $60.15. The company’s P/E ratio currently sits at 13.13, while the P/B ratio is 3.28. At the moment, only of Target Corporation shares were sold short. The company’s average trading volume currently stands at 4.87M shares, which means that the short-interest ratio is just 5.29 days. Over the past seven days, the company moved, with its shift of -5.04%. Looking further, the stock has raised 1.21% over the past 90 days while it lost -18.65% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. SSgA Funds Management Inc sold more TGT shares, decreasing its portfolio by -0.73% during the last quarter. This move now sees SSgA Funds Management Inc selling -329,252 shares in the last quarter, thus it now holds 44,596,434 shares of TGT, with a total valuation of $3,452,655,920. The Vanguard Group Inc meanwhile bought more TGT shares in the recently filed quarter, changing its stake to $2,974,540,581 worth of shares. BlackRock Fund Advisors followed the path by decreasing its TGT portfolio by -5.89% in the quarter. This means that BlackRock Fund Advisors sold -1,738,631 shares in the last quarter and now controls 27,771,248 shares of the TGT stock, with the valuation hitting $2,150,050,020.
Similarly, AQR Capital Management LLC decreased its Target Corporation shares by -18.32% during the recently filed quarter. After selling -1,918,552 shares in the last quarter, the firm now controls 8,556,264 shares of Target Corporation which are valued at $662,425,959. In the same vein, Managed Account Advisors LLC increased its Target Corporation shares by during the most recent reported quarter. The firm bought 191,514 shares during the quarter which increased its stakes to 8,507,747 shares and is now valued at $658,669,773. Following these latest developments, around 0.20% of Target Corporation stocks are owned by institutional investors and hedge funds.