Zacks Investment Research downgraded Vantiv Inc (NYSE:VNTV) to Hold in a report released today.
- Updated: October 12, 2016
Zacks Investment Research has downgraded Vantiv Inc (NYSE:VNTV) to Hold in a report released on 10/13/2016.
On 10/6/2016, Zacks Investment Research released a statement for Vantiv Inc (NYSE:VNTV) bumped up the target price from $0.00 to $63.00 that suggested an upside of 0.11%.
Having a price of $56.23, Vantiv Inc (NYSE:VNTV) traded 0.00% even on the day. The last stock price is up 2.50% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. Vantiv Inc has recorded a 50-day average of $54.79 and a two hundred day moving average of $54.86. 0 shares of the stock were exchanged, down from an average trading volume of 1,374,460
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Vantiv Inc has a one year low of $42.01 and a one year high of $59.62 with a P/E ratio of 46.66 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 23 brokers have issued a research note on the company. The average stock price target is $56.65 with 6 brokers rating the stock a strong buy, 11 brokers rating the stock a buy, 8 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information 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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