Deutsche Bank Aktiengesellschaft Lowers Fiserv (NASDAQ:FISV) Price Target to $60.00

Fiserv (NASDAQ:FISV) had its price objective reduced by investment analysts at Deutsche Bank Aktiengesellschaft from $63.00 to $60.00 in a note issued to investors on Monday,MarketScreener reports. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 10.60% from the stock’s current price.

FISV has been the topic of a number of other reports. Mizuho dropped their price target on Fiserv from $100.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, May 6th. The Goldman Sachs Group lowered their price objective on Fiserv from $79.00 to $70.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. BMO Capital Markets assumed coverage on shares of Fiserv in a research report on Tuesday, April 21st. They issued a “market perform” rating and a $65.00 price target on the stock. JPMorgan Chase & Co. cut their price objective on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Finally, Zacks Research raised shares of Fiserv from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 14th. Eight investment analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $83.57.

Fiserv Stock Down 0.3%

Shares of NASDAQ FISV traded down $0.14 during mid-day trading on Monday, reaching $54.25. 402,716 shares of the company’s stock traded hands, compared to its average volume of 7,654,034. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The business has a 50-day simple moving average of $58.82 and a 200 day simple moving average of $64.67. The stock has a market cap of $28.93 billion, a P/E ratio of 9.19, a PEG ratio of 1.72 and a beta of 0.84. Fiserv has a 1-year low of $52.91 and a 1-year high of $191.91.

Fiserv (NASDAQ:FISV) last announced its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.73 billion. The company’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, analysts expect that Fiserv will post 8.14 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Brighton Jones LLC increased its holdings in shares of Fiserv by 91.9% in the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after buying an additional 2,033 shares during the last quarter. Bison Wealth LLC increased its stake in Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after acquiring an additional 116 shares during the last quarter. Schnieders Capital Management LLC. raised its position in Fiserv by 21.0% during the second quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after purchasing an additional 483 shares in the last quarter. Jump Financial LLC bought a new stake in Fiserv during the second quarter worth about $1,001,000. Finally, Gamco Investors INC. ET AL boosted its holdings in shares of Fiserv by 7.2% in the 2nd quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock worth $897,000 after purchasing an additional 350 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors.

Fiserv Company Profile

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.