Vetr Inc. announced Mastercard Inc (NYSE:MA), boosting its stock price target to $111.32 today
- Updated: October 16, 2016
In a report released on 10/11/2016 Vetr Inc. upped the price target of Mastercard Inc (NYSE:MA) to $111.32 stating a potential upside of 0.10%.
Previously on Monday October 03, 2016, Vetr Inc. reported on Mastercard Inc (NYSE:MA) raised the target price from $0.00 to $105.86. At the time, this indicated a possible upside of 0.04%.
Yesterday Mastercard Inc (NYSE:MA) traded 0.23% higher at $101.25. The company’s 50-day moving average is $100.15 and its 200-day moving average is $96.07. The last closing price is up 5.01% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 3,280,440 shares of the stock were exchanged, down from an average trading volume of 3,488,660
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Mastercard Inc has a 52 week low of $78.52 and a 52 week high of $103.49 with a P/E ratio of 29.59 The company’s market cap is currently $0.
In addition to Vetr Inc. reporting its target price, a total of 30 brokers have issued a report on the stock. The consensus target price is $108.40 with 9 brokers rating the stock a strong buy, 21 brokers rating the stock a buy, 6 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information 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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