First Data Corp. (NYSE:FDC)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank AG in a research note issued to investors on Monday.

A number of other analysts have also recently weighed in on FDC. Wedbush restated a “buy” rating on shares of First Data Corp. in a research note on Tuesday, August 2nd. Mizuho raised their price target on First Data Corp. from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Tuesday, November 8th. Nomura restated a “hold” rating and issued a $14.00 price target on shares of First Data Corp. in a research note on Wednesday, August 3rd. Zacks Investment Research upgraded First Data Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, September 6th. Finally, Barclays PLC restated a “buy” rating and issued a $17.00 price target on shares of First Data Corp. in a research note on Tuesday, November 8th. Nine equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $15.85.

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

First Data Corp. (NYSE:FDC) opened at 14.57 on Monday. The company’s market cap is $13.27 billion. First Data Corp. has a 1-year low of $8.37 and a 1-year high of $17.45. The stock has a 50 day moving average price of $13.61 and a 200 day moving average price of $12.67.

First Data Corp. (NYSE:FDC) last announced its quarterly earnings data on Monday, November 7th. The company reported $0.34 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.34. The company earned $2 billion during the quarter, compared to analyst estimates of $1.83 billion. The company’s quarterly revenue was up .5% compared to the same quarter last year. On average, equities research analysts anticipate that First Data Corp. will post $1.30 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently modified their holdings of FDC. Teachers Advisors Inc. increased its position in shares of First Data Corp. by 2.7% in the first quarter. Teachers Advisors Inc. now owns 145,262 shares of the company’s stock valued at $1,880,000 after buying an additional 3,780 shares in the last quarter. Prudential Financial Inc. acquired a new position in First Data Corp. during the first quarter valued at approximately $818,000. State Street Corp increased its position in First Data Corp. by 188.3% in the first quarter. State Street Corp now owns 4,840,422 shares of the company’s stock valued at $62,637,000 after buying an additional 3,161,359 shares during the period. Geode Capital Management LLC increased 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 valued at $13,990,000 after buying an additional 41,953 shares during the period. Finally, Jacobs Levy Equity Management Inc. acquired a new position in First Data Corp. during the first quarter valued at approximately $289,000. Hedge funds and other institutional investors own 34.12% of the company’s stock.

About First Data Corp.

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