Fidelity National Information S found using ticker (FIS) now have 32 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 176 and 100 calculating the mean target price we have 132.34. Given that the stocks previous close was at 95 this indicates there is a potential upside of 39.3%. The 50 day moving average now sits at 98.21 and the 200 day MA is 106.45. The company has a market cap of $57,614m. Visit the company website at: https://www.fisglobal.com
The potential market cap would be $80,259m based on the market concensus.
Fidelity National Information Services provides technology solutions for merchants, banks, and capital markets firms worldwide. It operates through Merchant Solutions, Banking Solutions, and Capital Market Solutions segments. The Merchant Solutions segment offers enterprise acquiring, software-led small- to medium-sized businesses acquiring, and global e-commerce solutions. The Banking Solutions segment provides core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail payment solutions; wealth and retirement solutions; and item processing and output services. The Capital Market Solutions segment offers securities processing and finance, global trading, asset management and insurance, and corporate liquidity solutions. Fidelity National Information Services was founded in 1968 and is headquartered in Jacksonville, Florida.
