Vantiv Inc (NYSE:VNTV) target price raised to $63.00, reported today by Zacks Investment Research
- Updated: October 6, 2016
Having a price of $56.76, Vantiv Inc (NYSE:VNTV) traded -0.16% lower on the day. With the last close up 3.67% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Vantiv Inc has recorded a 50-day average of $54.38 and a two hundred day average of $54.75. Volume of trade was down over the average, with 197,317 shares of VNTV changing hands under the typical 1,408,330
Vantiv Inc (NYSE:VNTV) had its price target upped to $63.00 by Zacks Investment Research in an issued report announced 10/06/2016. The upped price target suggests a potential upside of 0.11% from the company's most recent close.
On 9/09/2016, Wedbush released a statement on Vantiv Inc (NYSE:VNTV) upped the target price from $0.00 to $60.00 that suggested an upside of 0.09%.
With a total market value of $0, Vantiv Inc has price-earnings ratio of 47.10 with a one year low of $42.01 and a one year high of $59.62 .
A total of 23 analysts have released a report on Vantiv Inc. Six analysts rating the company a strong buy, eleven analysts rating the company a buy, eight analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $56.65.
More About Vantiv Inc (NYSE:VNTV)
Vantiv, Inc. (Vantiv) is a holding company. The Company conducts its operations through its subsidiary, Vantiv Holding, LLC (Vantiv Holding). The Company is a payment processor, merchant acquirer and personal identification number (PIN) debit acquirer. The Company operates through two segments: Merchant Services and Financial Institution Services. The Company offers payment processing services that enable its clients to meet their payment processing needs through a single provider, including in omni-channel environments that span point-of-sale, e-commerce and mobile devices. Its value-added services include security solutions and fraud management, information solutions, and interchange management. It also provide critical payment services to financial institutions, such as card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine (ATM) driving, and network gateway and switching services.
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