Deutsche Bank AG reissued their buy rating on shares of First Data Corp. (NYSE:FDC) in a report published on Wednesday.

Other equities analysts also recently issued reports about the stock. Craig Hallum began coverage on shares of First Data Corp. in a research note on Tuesday, August 30th. They issued a buy rating and a $20.00 target price on the stock. BTIG Research upgraded shares of First Data Corp. from a neutral rating to a buy rating and set a $15.00 target price on the stock in a research note on Monday, August 1st. Wedbush restated a buy rating on shares of First Data Corp. in a research note on Tuesday, August 2nd. Jefferies Group began coverage on shares of First Data Corp. in a research note on Wednesday, August 31st. They issued a buy rating and a $16.50 target price on the stock. Finally, Zacks Investment Research upgraded shares of First Data Corp. from a sell rating to a hold rating in a research note on Wednesday, July 6th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and twenty-one have given a buy rating to the company. First Data Corp. presently has an average rating of Buy and a consensus target price of $16.76.

Shares of First Data Corp. (NYSE:FDC) opened at 13.77 on Wednesday. First Data Corp. has a 12 month low of $8.37 and a 12 month high of $17.99. The company’s 50 day moving average is $13.32 and its 200 day moving average is $12.41. The company’s market cap is $12.53 billion.

First Data Corp. (NYSE:FDC) last issued its quarterly earnings results on Monday, August 1st. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.34 by $0.01. The firm had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.81 billion. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. On average, equities research analysts predict that First Data Corp. will post $1.32 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in FDC. Nomura Holdings Inc. acquired a new stake in First Data Corp. during the second quarter worth $52,998,000. Royal Bank of Canada raised its stake in First Data Corp. by 1,511.0% in the second quarter. Royal Bank of Canada now owns 142,297 shares of the company’s stock worth $1,575,000 after buying an additional 133,464 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in First Data Corp. by 106.0% in the second quarter. Public Employees Retirement System of Ohio now owns 43,571 shares of the company’s stock worth $482,000 after buying an additional 22,423 shares during the last quarter. Calvert Investment Management Inc. acquired a new stake in First Data Corp. during the second quarter worth $527,000. Finally, Schwab Charles Investment Management Inc. raised its stake in First Data Corp. by 28.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 690,151 shares of the company’s stock worth $7,640,000 after buying an additional 154,532 shares during the last quarter. Hedge funds and other institutional investors own 33.66% of the company’s stock.

First Data Corp. Company Profile

5 Day Chart for NYSE:FDC

Receive News & Ratings for First Data Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Data Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.