Visa Inc. with ticker code (V) now have 35 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 296 and 220 calculating the mean target price we have 260.67. Given that the stocks previous close was at 199.67 this indicates there is a potential upside of 30.6%. There is a 50 day moving average of 207.98 and the 200 day MA is 210.22. The company has a market capitalisation of $420,239m. Company Website: https://usa.visa.com
The potential market cap would be $548,623m based on the market concensus.
Visa Inc. operates as a payments technology company worldwide. The company facilitates digital payments among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. In addition, the company offers card products, platforms, and value-added services. It provides its services under the Visa, Visa Electron, Interlink, VPAY, and PLUS brands. Visa Inc. has a strategic agreement with Ooredoo to provide an enhanced payment experience for Visa cardholders and Ooredoo customers in Qatar. Visa Inc. was founded in 1958 and is headquartered in San Francisco, California.