Vantiv (NYSE:VNTV)‘s stock had its “positive” rating reaffirmed by equities research analysts at Wells Fargo & Company in a research note issued on Thursday. They presently have a $84.00 target price on the business services provider’s stock, up from their previous target price of $77.00. Wells Fargo & Company’s price target suggests a potential upside of 14.15% from the company’s previous close.

A number of other analysts have also weighed in on the stock. Jefferies Group raised shares of Vantiv from a “hold” rating to a “buy” rating and set a $69.00 target price on the stock in a report on Thursday. Cantor Fitzgerald reissued a “buy” rating and issued a $79.00 price target on shares of Vantiv in a research note on Tuesday. Buckingham Research raised shares of Vantiv from a “neutral” rating to a “buy” rating and set a $90.00 price target for the company in a research note on Friday, December 8th. Cowen reissued a “buy” rating and issued a $84.00 price target on shares of Vantiv in a research note on Thursday, December 7th. Finally, Deutsche Bank boosted their price target on shares of Vantiv to $82.00 and gave the stock a “buy” rating in a research note on Monday, December 4th. Nine equities research analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the stock. Vantiv currently has an average rating of “Buy” and a consensus target price of $78.00.

Shares of Vantiv (VNTV) opened at $73.59 on Thursday. The company has a debt-to-equity ratio of 7.45, a quick ratio of 0.72 and a current ratio of 0.72. The firm has a market cap of $13,294.52, a P/E ratio of 25.10, a P/E/G ratio of 1.66 and a beta of 0.58. Vantiv has a twelve month low of $57.14 and a twelve month high of $76.22.

Vantiv (NYSE:VNTV) last posted its earnings results on Thursday, October 26th. The business services provider reported $0.90 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.01. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $551.77 million. Vantiv had a net margin of 6.07% and a return on equity of 41.19%. Vantiv’s revenue was up 13.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.71 EPS. analysts forecast that Vantiv will post 3.16 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in Vantiv by 3.8% in the 2nd quarter. Vanguard Group Inc. now owns 13,320,268 shares of the business services provider’s stock worth $843,706,000 after purchasing an additional 492,711 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Vantiv by 25.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,823,200 shares of the business services provider’s stock worth $697,053,000 after purchasing an additional 1,988,656 shares in the last quarter. Investec Asset Management LTD raised its holdings in Vantiv by 3.6% in the 2nd quarter. Investec Asset Management LTD now owns 3,645,303 shares of the business services provider’s stock worth $230,893,000 after purchasing an additional 128,308 shares in the last quarter. Artisan Partners Limited Partnership raised its holdings in Vantiv by 2.2% in the 2nd quarter. Artisan Partners Limited Partnership now owns 3,248,249 shares of the business services provider’s stock worth $205,744,000 after purchasing an additional 69,377 shares in the last quarter. Finally, State Street Corp raised its holdings in Vantiv by 3.3% in the 2nd quarter. State Street Corp now owns 3,025,591 shares of the business services provider’s stock worth $191,639,000 after purchasing an additional 97,659 shares in the last quarter.

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Vantiv Company Profile

Vantiv, Inc is a holding company. The Company conducts its operations through its subsidiary, Vantiv Holding, LLC. The Company is a payment processor. The Company’s segments include Merchant Services and Financial Institution Services. The Company offers a range of payment processing services that enable its clients to meet their payment processing needs through a single provider.

Analyst Recommendations for Vantiv (NYSE:VNTV)

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