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Mastercard Inc (NYSE:MA) target price raised to $114.00, issued a report today by Zacks Investment Research

Mastercard Inc (NYSE:MA) had its target bumped up to $114.00 by Zacks Investment Research in a report issued 09/28/2016. The increased price target implies a potential upside of 0.12% based on the company's last stock close price.

Previously on 09/22/2016, Vetr Inc. reported about Mastercard Inc (NYSE:MA) raised the target price from $0.00 to $105.86. At the time, this indicated a possible upside of 0.03%.

Yesterday Mastercard Inc (NYSE:MA) traded -0.39% lower at $101.45. The company’s 50-day moving average is $98.02 and its 200-day moving average is $95.18. The last stock close price is up 6.16% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 182,136 shares of the stock were exchanged, down from an avg. volume of 4,003,420

Performance Chart

Mastercard Inc (NYSE:MA)

With a total market value of $0, Mastercard Inc has price-earnings ratio of 29.64 with a one year low of $78.52 and a one year high of $102.23 .

A total of 30 analysts have released a report on Mastercard Inc. Nine analysts rating the company a strong buy, twenty-one analysts rating the company a buy, six analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $108.40.

More About Mastercard Inc (NYSE:MA)

MasterCard Incorporated is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world. The Company operates through payment solutions segment. The Company allows user to make payments by a range of payment solutions and services using various brands, which include MasterCard, Maestro and Cirrus. Its offerings include loyalty and reward programs, information services and consulting. It provides a range of products and solutions that support payment products that customers can offer to their cardholders. The Company's services facilitate transactions on the MasterCard Network among cardholders, merchants, financial institutions and governments. The Company's programs include consumer credit, commercial, and debit and prepaid. The Company's offerings and platforms include premium, travel, purchasing and fleet cards and programs.

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