Fidelity National Information S with ticker code (FIS) now have 27 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 167 and 56 calculating the mean target price we have $79.22. Given that the stocks previous close was at $55.86 this indicates there is a potential upside of 41.8%. The 50 day MA is $57.87 and the 200 day moving average is $74.45. The total market capitalization for the company now stands at $32,750m. You can visit the company’s website by visiting: https://www.fisglobal.com
The potential market cap would be $46,445m based on the market consensus.
Fidelity National Information Services 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 3.76% with the ex dividend date set at 8-6-2023 (DMY).
