Zacks Gives Neutral Rating to MasterCard (MA)

By admin | 6 years ago

MasterCard (NYSE: MA)‘s stock had its “neutral” rating restated by Zacks in a research report issued to clients and investors on Monday. They currently have a $444.00 price target on the stock.

A number of other analysts have also recently weighed in on MA. Analysts at Barclays Capital (NYSE: BCS) reiterated an “overweight” rating on shares of MasterCard in a research note to investors on Thursday, May 3rd. Separately, analysts at UBS AG (NYSE: UBS) raised their price target on shares of MasterCard from $439.00 to $457.00 in a research note to investors on Thursday, May 3rd. They now have a “neutral” rating on the stock. Finally, analysts at Deutsche Bank (NYSE: DB) raised their price target on shares of MasterCard from $465.00 to $515.00 in a research note to investors on Thursday, May 3rd.

MasterCard traded up 0.56% on Monday, hitting $416.76. MasterCard has a 52-week low of $258.34 and a 52-week high of $466.98. The company has a market cap of $52.670 billion and a price-to-earnings ratio of 26.11.

MasterCard last posted its quarterly earnings results on Wednesday, May 2nd. The company reported $5.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.27 by $0.09. The company’s revenue for the quarter was up 17.1% on a year-over-year basis. Analysts expect that MasterCard will post $6.19 EPS next quarter.

MasterCard Incorporated (MasterCard) is a global payments and technology company that connects consumers, financial institutions, merchants, Governments and businesses worldwide, enabling them to use electronic forms of payment instead of cash and checks.

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