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Zacks Investment Research upgraded First Data Corp (NYSE:FDC) to Hold in a report released today.

Zacks Investment Research has upgraded First Data Corp (NYSE:FDC) to Hold in a statement released on 9/23/2016.

Yesterday First Data Corp (NYSE:FDC) traded -1.05% lower at $13.15. FDC’s 50-day average is $13.52 and its two hundred day average is $12.45. The last closing price is up 5.65% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Trade Volume was down over the average, with 3,349,484 shares of FDC changing hands under the typical 3,995,260

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First Data Corp (NYSE:FDC)

First Data Corp has a with a 52 week low of $8.37 and a 52 week high of $17.99 First Data Corp’s market capitalization is presently $0.

In addition to Zacks Investment Research reporting its target price, a total of 20 brokers have issued a research note on the company. The consensus target price is $15.75 with zero brokerages rating the company a strong buy, zero equity analysts rating the company a buy, zero analysts rating the stock a hold, 0 equity analysts rating the company a underperform, and lastly zero brokers rating the stock a sell.

More About First Data Corp (NYSE:FDC)

First Data Corporation is an electronic commerce company. The Company is a merchant acquirer, issuer processor and independent network services provider, which enables businesses to accept electronic payments, helping financial institutions issue credit, debit and prepaid cards. Its segments include Global Business Solutions (GBS), which provides retail point-of-sale merchant acquiring and e-commerce services, as well as mobile payment services, Webstore-in-a-box solutions, and cloud-based Clover point-of-sale operating system; Global Financial Solutions (GFS), which provides credit solutions for bank and non-bank issuers and include credit and retail private-label card processing, as well as licensed financial software systems, such as its VisionPLUS bank processing application and lending solutions; Network & Security Solutions (NSS), Which provides a range of solutions that it sell to clients in its Global Business Solutions and Global Financial Solutions segments, and Corporate.

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