Fidelity National Information Services (NYSE:FIS)‘s stock had its “hold” rating reiterated by RBC Capital in a research note issued on Wednesday, AnalystRatings.Net reports. They currently have a $17.00 target price on the stock. RBC Capital’s target price would indicate a potential downside of 63.76% from the company’s current price.
FIS has been the subject of a number of other recent research reports. Analysts at Evercore Partners raised their price target on shares of Fidelity National Information Services (NYSE:FIS) from $47.00 to $53.00 in a research note to investors on Wednesday. They now have an “overweight” rating on the stock. Separately, analysts at SunTrust upgraded shares of Fidelity National Information Services (NYSE:FIS) from a “neutral” rating to a “buy” rating in a research note to investors on Monday, September 9th. They now have a $52.00 price target on the stock, up previously from $47.00. Finally, analysts at Barclays Capital reiterated an “overweight” rating on shares of Fidelity National Information Services (NYSE:FIS) in a research note to investors on Wednesday, July 31st. They now have a $52.00 price target on the stock.
One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $43.86.
Fidelity National Information Services (NYSE:FIS) traded up 0.13% on Wednesday, hitting $46.91. 948,532 shares of the company’s stock traded hands. Fidelity National Information Services has a one year low of $30.76 and a one year high of $47.73. The stock has a 50-day moving average of $45.53 and a 200-day moving average of $43.08. The company has a market cap of $13.703 billion and a P/E ratio of 29.30.
Fidelity National Information Services (NYSE:FIS) last released its earnings data on Tuesday, July 30th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by $0.13. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the previous year, the company posted $0.66 earnings per share. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, analysts predict that Fidelity National Information Services will post $2.83 earnings per share for the current fiscal year.
In other Fidelity National Information Services news, COO Gary Norcross unloaded 293,207 shares of the stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $44.92, for a total value of $13,170,858.44. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Fidelity National Information Services, Inc (NYSE:FIS) is a global provider of banking and payments technologies.
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