Mizuho reaffirmed their buy rating on shares of First Data Corp. (NYSE:FDC) in a research note released on Thursday morning. Mizuho currently has a $16.00 target price on the stock.

Other research analysts have also issued reports about the stock. BTIG Research upgraded shares of First Data Corp. from a neutral rating to a buy rating and set a $15.00 price objective on the stock in a report on Monday, August 1st. Wedbush reiterated a buy rating on shares of First Data Corp. in a report on Tuesday, August 2nd. Deutsche Bank AG reiterated a buy rating on shares of First Data Corp. in a report on Monday, July 18th. Craig Hallum initiated coverage on shares of First Data Corp. in a report on Tuesday, August 30th. They set a buy rating and a $20.00 price objective on the stock. Finally, Jefferies Group initiated coverage on shares of First Data Corp. in a report on Wednesday, August 31st. They set a buy rating and a $16.50 price objective on the stock. Ten research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the stock. First Data Corp. presently has an average rating of Buy and a consensus price target of $16.73.

Analyst Recommendations for First Data Corp. (NYSE:FDC)

Shares of First Data Corp. (NYSE:FDC) traded up 0.869% during trading on Thursday, reaching $13.355. 569,781 shares of the company’s stock were exchanged. First Data Corp. has a 52 week low of $8.37 and a 52 week high of $17.99. The stock’s market capitalization is $12.15 billion. The stock has a 50 day moving average price of $13.52 and a 200-day moving average price of $12.50.

First Data Corp. (NYSE:FDC) last released its earnings results on Monday, August 1st. The company reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.01. The firm earned $1.98 billion during the quarter, compared to analysts’ expectations of $1.81 billion. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. Analysts predict that First Data Corp. will post $1.32 earnings per share for the current year.

Several large investors have recently modified their holdings of FDC. A.R.T. Advisors LLC purchased a new position in First Data Corp. during the first quarter worth about $538,000. Jacobs Levy Equity Management Inc. purchased a new position in First Data Corp. during the first quarter worth about $289,000. Geode Capital Management LLC raised its position in First Data Corp. by 4.0% in the first quarter. Geode Capital Management LLC now owns 1,081,241 shares of the company’s stock worth $13,990,000 after buying an additional 41,953 shares during the last quarter. UBS Asset Management Americas Inc. raised its position in First Data Corp. by 17.7% in the first quarter. UBS Asset Management Americas Inc. now owns 1,771,397 shares of the company’s stock worth $22,922,000 after buying an additional 266,248 shares during the last quarter. Finally, Rafferty Asset Management LLC raised its position in First Data Corp. by 49.2% in the first quarter. Rafferty Asset Management LLC now owns 23,737 shares of the company’s stock worth $307,000 after buying an additional 7,832 shares during the last quarter. Institutional investors and hedge funds own 33.66% of the company’s stock.

First Data Corp. Company Profile

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