Fidelity National Information S – Consensus ‘Buy’ rating and 36.5% Upside Potential

Broker Ratings
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Fidelity National Information S with ticker code (FIS) have now 27 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 167 and 56 calculating the mean target price we have $79.22. Now with the previous closing price of $58.04 this indicates there is a potential upside of 36.5%. It’s also worth noting that there is a 50 day moving average of $59.70 and the 200 day MA is $75.41. The total market capitalization for the company now stands at $33,567m. Visit the company website at: https://www.fisglobal.com

The potential market cap would be $45,817m based on the market consensus.

Fidelity National Information Services, Inc. provides technology solutions for financial institutions and businesses worldwide. It operates through Banking Solutions, Merchant Solutions, and Capital Market Solutions segments. The Banking Solutions segment provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; electronic funds transfer and network; card and retail payment; wealth and retirement; and item processing and output solutions. The Merchant Solutions segment offers small- to medium-sized businesses acquiring, enterprise acquiring, and ecommerce solutions. The Capital Market Solutions segment provides investment operations and data, lending, trading and processing, and treasury and risk solutions. The company was founded in 1968 and is headquartered in Jacksonville, Florida.

The company has a dividend yield of 3.58% with the ex dividend date set at 9-3-2023 (DMY).

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