Barclays (LON:BARC) analyst Ramsey El Assal maintained a Buy rating on Fiserv Inc (NASDAQ:FISV) on Friday, setting a price target of $120, which is approximately 6.68% above the present share price of $112.49.
El Assal expects Fiserv Inc to post earnings per share (EPS) of $0.39 for the fourth quarter of 2020.
The current consensus among 18 TipRanks analysts is for a Strong Buy rating of shares in Fiserv, with an average price target of $133.5.
The analysts price targets range from a high of $160 to a low of $108.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $3.79 billion and a net profit of $506 million. The company's market cap is $76.76 billion.
According to TipRanks.com, Barclays analyst Ramsey El Assal is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.1% and a 70.82% success rate.
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.