Wall Street analysts are maintaining Buy rating on Visa Inc. (NYSE:V) company shares. The one year target on the name currently stands at $85.800. The stock recently touched $76.615 and has moved in the range of $75.950 - 76.920 during the current session. Based on a recent bid this places the stock +27.692% away from the 52-week floor of $60.000 and -5.425% away from the 52-week ceiling of $81.010.
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.
Magna International, Inc. (NYSE:MGA) 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 $54.5300 on the stock. The stock is currently trading +1.5157% away from its 200-day moving average of $42.5685. Based on a recent trade, shares of Magna International, Inc. are -27.2741% away from the 52-week high of $59.4200 and +42.1036% away from the 52-week low of $30.4100.
Analysts are estimating that the company will report earnings of $5.1300 for the current year and $1.3400 for next quarter. The stock closed the most recent trading session at $43.1500.
Shares of Guidewire Software, Inc. (NYSE:GWRE) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $67.40 price target and Buy rating according to the covering analysts. During today’s session the stock hit $55.08 or +0.84% from the previous close, while moving in the range of $54.30 - 55.47.
Shares of Trinseo S.A. (NYSE:TSE) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $37.86 price target according to the covering analysts. During today’s session the stock hit $36.29 or +2.20% from the previous close, while moving in the range of $36.39 - 37.59. This puts the stock -5.46% away from the 52-week high of $39.23 and +88.18% away from the 52-week low of $19.71.
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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