What Do Analyst Ratings Suggest for Visa’s Performance in 2017?
In the analyst rating graph below, you can see that 32 of the 36 analysts covering Visa (V) rated it a “buy” or “strong buy” in March 2017. Another four analysts, or ~11.0%, rated it a “hold.” No analysts rated Visa an “underperform” or “sell.” Visa’s mean price target for one year is $97.90 per share, implying a rise of 8.7% from its current level.
Compared to February 2017, Visa’s rating has improved with “strong buy” or “buy” ratings increasing from 30 to 32 analysts. There was one less “hold” rating, which indicates an expectation for improved performance in 2017.
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Let’s look now at ratings for Visa’s major competitors. Of the 35 analysts covering MasterCard (MA) stock, 29 have given it a “buy” or “strong buy.” For American Express (AXP), ten of the 31 analysts covering the stock have given it a “buy” or “strong buy” rating, and 16 have given it a “hold.” The analyst ratings for AXP are indicative of a relatively weak operating performance. For Fidelity National Information Services (FIS), 22 of the 24 analysts covering the stock have rated the company a “buy” or “strong buy.”
Of the 29 analysts covering Discover Financial Services (DFS), which has a major revenue share from the United States, 22 have given it a “buy” or “strong buy.” Six of them have given it a “hold,” and one has rated it “underperform.” Together, these companies account for 7.7% of the iShares US Financials (IYF).