StockNews.com Initiates Coverage on Fiserv (NASDAQ:FISV)

Research analysts at StockNews.com began coverage on shares of Fiserv (NASDAQ:FISV) in a research note issued to investors on Wednesday. The brokerage set a “buy” rating on the stock.

Fiserv Stock Performance

Fiserv stock opened at $209.45 on Wednesday. Fiserv has a 1 year low of $87.03 and a 1 year high of $122.39. The business has a 50 day simple moving average of $205.89. The firm has a market capitalization of $131.56 billion, a price-to-earnings ratio of 55.26 and a beta of 0.86.

About Fiserv

Fiserv, Inc, together with its subsidiaries, provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel commerce solution; Clover, a cloud-based point-of-sale and business management platform; and Clover Connect, an independent software vendors platform.