Fidelity National Information S with ticker code (FIS) have now 28 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 167 and 63 calculating the average target price we see 82.5. With the stocks previous close at 63.88 this is indicating there is a potential upside of 29.1%. The 50 day MA is 69.8 and the 200 moving average now moves to 82.06. The company has a market capitalisation of $37,813m. Company Website: https://www.fisglobal.com
The potential market cap would be $48,835m based on the market concensus.
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.
