Do Analysts See Bulls Raising Their Heads for Fiserv?



Are analysts bullish on FISV?

Wall Street analysts have been bullish on Fiserv (FISV) shares after its impressive second-quarter performance. In a Bloomberg survey of 22 analysts, five (or 23%) have assigned FISV a “buy” rating, and 15 (or 68%) have rated it a “hold.” The stock has received two “sell” ratings.

Fiserv has a consensus target price of $104.93, resulting in a one-year upside potential of 4%.

The table below lists the 22 analysts covering Fiserv. Evercore, with a 12-month price target of $124, is the most bullish on the stock. This implies a return potential of 13% from its last closing price of $109.41.

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Who’s bearish on Fiserv?

Compass Point and Cowen, with price targets of $85 and $90, respectively, are the most bearish on Fiserv. They expect the stock to fall 22% and 18%, respectively, in the next year. Barclays (BCS), Credit Suisse (CS), and Goldman Sachs (GS) also expect the stock to generate negative returns over the next 12 months.

Over the years, Fiserv has strengthened its position in its Financial and Payments segments. The company has benefited from accretive acquisitions and stands to benefit by increasing customer use of digital and mobile banking.

Investors looking for ETF exposure to FISV could invest in the SPDR S&P 500 ETF (SPY) or the Technology Select Sector SPDR ETF (XLK).


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