Fidelity National Information Services (NYSE:FIS) had its price target upped by Oppenheimer from $53.00 to $57.00 in a research note issued to investors on Wednesday, Analyst RN reports. The firm currently has an outperform rating on the stock.
A number of other firms have also recently commented on FIS. Analysts at SunTrust raised their price target on shares of Fidelity National Information Services from $52.00 to $57.00 in a research note to investors on Wednesday, October 30th. Separately, analysts at Evercore Partners raised their price target on shares of Fidelity National Information Services from $53.00 to $56.00 in a research note to investors on Wednesday, October 30th. They now have an overweight rating on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Fidelity National Information Services from $44.00 to $50.00 in a research note to investors on Wednesday, October 30th. They now have a hold rating on the stock. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of $46.07.
In other Fidelity National Information Services news, EVP Kirk T. Larsen sold 23,414 shares of the company’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $50.87, for a total value of $1,191,070.18. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of Fidelity National Information Services (NYSE:FIS) opened at 50.67 on Wednesday. Fidelity National Information Services has a 52-week low of $33.99 and a 52-week high of $51.49. The stock’s 50-day moving average is $47.82 and its 200-day moving average is $45.64. The company has a market cap of $14.752 billion and a P/E ratio of 26.77.
Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Tuesday, October 29th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.03. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the previous year, the company posted $0.63 earnings per share. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. On average, analysts predict that Fidelity National Information Services will post $2.85 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, December 30th. Investors of record on Monday, December 16th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Thursday, December 12th.
Fidelity National Information Services, Inc (NYSE:FIS) is a global provider of banking and payments technologies.
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