Mastercard Inc (NYSE:MA) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: April 20, 2017
Displaying a price of $112.29, Mastercard Inc (NYSE:MA) traded 1.22% higher on the day. The last closing price is up 6.19% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the date range. Mastercard Inc has recorded a 50-day average of $111.88 and a two hundred day average of $107.03. Volume of trade was down over the average, with 604,368 shares of MA changing hands under the typical 2,998,650
Zacks Investment Research has downgraded Mastercard Inc (NYSE:MA) to Sell in a statement released on 4/20/2017.
On Monday April 17, 2017, Vetr Inc. released a statement on Mastercard Inc (NYSE:MA) upped the target price from $0.00 to $116.99 that suggested an upside of 0.04%.
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Mastercard Inc has a 52 week low of $86.65 and a 52 week high of $113.74 with a P/E ratio of 30.80 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 30 firms have reported on the stock. The consensus target price is $108.40 with 9 firms rating the stock a strong buy, 21 firms rating the stock a buy, 6 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Mastercard Inc (NYSE:MA)
MasterCard Incorporated is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world, enabling them to use electronic forms of payment. The Company operates through Payment Solutions segment. The Company allows user to make payments by creating a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus. The Company provides a range of products and solutions that support payment products, which customers can offer to their cardholders. The Company's services facilitate transactions on its network among cardholders, merchants, financial institutions and governments. The Company's products include consumer credit and charge, commercial, debit, prepaid, commercial and digital. The Company's consumer credit and charge offers a range of programs that enables issuers to provide consumers with cards allowing users to defer payment.
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