Wall Street analysts are maintaining Buy rating on Alliance Data Systems Corporation (NYSE:ADS) company shares. The one year target on the name currently stands at $275.39. The stock recently touched $210.43 and has moved in the range of $210.33 - 214.69 during the current session. Based on a recent bid this places the stock +19.14% away from the 52-week floor of $176.63 and -32.55% away from the 52-week ceiling of $312.00.
When stocks are given “Buy” ratings by analysts, the reasons or criteria for that recommendation can greatly vary. Typically when a stock is given this label, analysts are expecting that the stock will outperform their peers, their sector or the market over a 6 to 12 month time frame. Several factors might include near-term catalysts, future earnings growth. Many analysts only give a Buy recommendation when they expect that the stock will yield a return of at least 5-10% over the course of a year. Since analyst criteria and recommendation terminology can differ, we can look at consensus numbers to get a feel of overall analyst sentiment.
FleetCor Technologies, Inc. (NYSE:FLT) has been given a consensus Buy rating by analysts on Wall Street. According to Thomson Reuters' First Call, research brokers have a one year price target of $147.00 on the stock. The stock is currently trading -3.71% away from its 200-day moving average of $140.18. Based on a recent trade, shares of FleetCor Technologies, Inc. are -18.53% away from the 52-week high of $165.67 and +25.48% away from the 52-week low of $107.56.
Analysts are estimating that the company will report earnings of $6.54 for the current year and $1.54 for next quarter. The stock closed the most recent trading session at $136.60.
Shares of Tsakos Energy Navigation Ltd (NYSE:TNP) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $12.03 price target and Buy rating according to the covering analysts. During today’s session the stock hit $6.08 or -2.41% from the previous close, while moving in the range of $6.01 - 6.30.
Shares of Customers Bancorp, Inc (NYSE:CUBI) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $30.17 price target according to the covering analysts. During today’s session the stock hit $24.18 or -0.62% from the previous close, while moving in the range of $24.05 - 24.49. This puts the stock -24.03% away from the 52-week high of $31.63 and +10.94% away from the 52-week low of $21.66.
Exact definitions of a “Buy” rating can greatly vary depending on the equity research firm. The consensus rating simply provides an average of those recommendations. It's important to note that a “Buy” rating does not mean that every investor should acquire the stock. It is just a single factor among many that should be considered before making an investment decision.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.
