What Are Wall Street Analysts’ Target Price for Fiserv Stock?
Valued at a market cap of $34.3 billion, Fiserv, Inc. (FI) is a financial-technology company based in Milwaukee, Wisconsin. It provides a wide range of payments and fintech solutions, including transaction processing, digital banking, merchant acquiring, billing and payments, and point-of-sale systems to financial institutions, businesses and merchants.
Shares of this fintech company have significantly underperformed the broader market over the past 52 weeks. FI has declined 70% over this time frame, while the broader S&P 500 Index ($SPX) has gained 13.5%. Moreover, on a YTD basis, the stock is down 69.2%, compared to SPX’s 15.7% return.
Narrowing the focus, FI has also notably lagged behind the Global X FinTech…
