Fiserv (NASDAQ:FISV) Given New $60.00 Price Target at Deutsche Bank Aktiengesellschaft

Fiserv (NASDAQ:FISV) had its price target lowered by research analysts at Deutsche Bank Aktiengesellschaft from $63.00 to $60.00 in a research report issued on Monday,MarketScreener reports. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 10.60% from the stock’s previous close.

Several other research analysts also recently commented on the company. Robert W. Baird set a $78.00 price objective on Fiserv in a report on Wednesday, May 6th. BNP Paribas Exane decreased their target price on shares of Fiserv from $64.00 to $63.00 and set a “neutral” rating on the stock in a research note on Friday, April 10th. Cantor Fitzgerald dropped their price target on shares of Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research report on Monday. Morgan Stanley cut their price target on shares of Fiserv from $81.00 to $64.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 28th. Finally, BMO Capital Markets began coverage on shares of Fiserv in a research note on Tuesday, April 21st. They set a “market perform” rating and a $65.00 price objective for the company. Eight equities research analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $83.57.

Fiserv Trading Down 0.3%

Shares of Fiserv stock traded down $0.14 during trading on Monday, reaching $54.25. The company’s stock had a trading volume of 402,716 shares, compared to its average volume of 7,654,034. Fiserv has a 52-week low of $52.91 and a 52-week high of $191.91. The company has a market cap of $28.93 billion, a price-to-earnings ratio of 9.19, a PEG ratio of 1.72 and a beta of 0.84. The firm’s 50-day moving average is $58.82 and its two-hundred day moving average is $64.67. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISV) last issued its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The company had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business’s revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, sell-side analysts anticipate that Fiserv will post 8.14 earnings per share for the current year.

Institutional Trading of Fiserv

Several large investors have recently bought and sold shares of the company. Oakworth Capital Inc. purchased a new position in shares of Fiserv in the 4th quarter valued at approximately $25,000. Private Wealth Asset Management LLC purchased a new stake in Fiserv in the fourth quarter worth $25,000. American National Bank & Trust purchased a new stake in Fiserv in the fourth quarter worth $27,000. Kimelman & Baird LLC bought a new position in Fiserv in the fourth quarter worth $27,000. Finally, Goodman Advisory Group LLC purchased a new position in Fiserv during the fourth quarter valued at $27,000. 90.98% of the stock is owned by institutional investors.

About Fiserv

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.