Robert W. Baird analyst David Koning maintained a Buy rating on Visa (V – Research Report) on November 25 and set a price target of $250.00. The company’s shares closed last Friday at $213.79.
Koning covers the Services sector, focusing on stocks such as Fleetcor Technologies, Fidelity National Info, and Visa. According to TipRanks, Koning has an average return of 0.8% and a 47.62% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Visa with a $246.33 average price target.
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V market cap is currently $440.8B and has a P/E ratio of 31.22.
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Visa, Inc. engages in the provision of digital payment services. It also facilitates global commerce through the transfer of value and information among global network of consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It offers debit card, credit card, prepaid products, commercial payment solutions, and global ATM. The company was founded by Dee Hock in 1958 and is headquartered in San Francisco, CA.
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