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ValuEngine downgraded First Data Corp (NYSE:FDC) to Buy in a report released today.

ValuEngine has downgraded First Data Corp (NYSE:FDC) to Buy in a report released on Friday June 02, 2017.

Previously on 6/01/2017, Stifel Nicolaus reported on First Data Corp (NYSE:FDC) increased the target price from $0.00 to $20.00. At the time, this indicated a possible upside of 0.17%.

Yesterday First Data Corp (NYSE:FDC) traded 3.41% higher at $17.79. First Data Corp’s 50-day moving average is $18.12 and its 200-day moving average is $17.56. The last stock close price is up 8.65% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 9,952,194 shares of the stock were exchanged, up from an average trading volume of 5,793,840

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First Data Corp (NYSE:FDC)

First Data Corp has a 52 week low of $13.01 and a 52 week high of $19.20 with a P/E ratio of 31.91 The company’s market cap is currently $0.

Also covering First Data Corp's price target, a total of 20 brokerages have issued a ratings update on First Data Corp. The 12-month price target is $15.75 with zero analysts rating the company a strong buy, 0 brokers rating the stock a buy, 0 equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally 0 firms rating the stock a sell.

About First Data Corp (NYSE:FDC)

First Data Corporation is a provider of commerce-enabling technology and solutions for merchants, financial institutions and card issuers. The Company's segments are Global Business Solutions (GBS), Global Financial Solutions (GFS), Network & Security Solutions (NSS), and Corporate. The GBS segment provides businesses of all sizes and types with a range of solutions at the point of sale, including merchant acquiring, e-commerce, mobile commerce, point-of-sale, and other business solutions. The GFS segment provides financial institutions, which include bank and non-bank issuers, such as retailers with card portfolios, with a range of solutions that enable them to offer financial products and solutions to their customers. The NSS segment provides a range of network solutions and security, risk and fraud management solutions to business and financial institution clients in its GBS and GFS segments, and to financial institutions, businesses, governments, processors and other clients.

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