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 $275.09. The stock recently touched $210.76 and has moved in the range of $207.11 - 211.32 during the current session. Based on a recent bid this places the stock +19.32% away from the 52-week floor of $176.63 and -32.45% 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 $151.67 on the stock. The stock is currently trading +4.09% away from its 200-day moving average of $139.80. Based on a recent trade, shares of FleetCor Technologies, Inc. are -12.16% away from the 52-week high of $165.67 and +35.29% away from the 52-week low of $107.56.
Analysts are estimating that the company will report earnings of $6.57 for the current year and $1.54 for next quarter. The stock closed the most recent trading session at $146.10.
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 $10.98 price target and Buy rating according to the covering analysts. During today’s session the stock hit $6.09 or +2.35% from the previous close, while moving in the range of $5.77 - 6.11.
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 $23.51 or +1.15% from the previous close, while moving in the range of $23.51 - 23.84. This puts the stock -24.82% away from the 52-week high of $31.63 and +9.79% 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.
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