Investment analysts at UBS AG increased their target price on shares of MasterCard (NYSE: MA)
Shares of MasterCard traded down 0.35% during mid-day trading on Wednesday, hitting $516.66. MasterCard has a one year low of $356.00 and a one year high of $532.47. The stock?s 50-day moving average is currently $506.6. The company has a market cap of $64.200 billion and a P/E ratio of 30.36.
MA has been the subject of a number of other recent research reports. Analysts at SunTrust reiterated a ?buy? rating on shares of MasterCard in a research note to investors on Wednesday. They now have a $620.00 price target on the stock. Separately, analysts at TheStreet reiterated a ?buy? rating on shares of MasterCard in a research note to investors on Tuesday. Finally, analysts at Credit Agricole reiterated a ?buy? rating on shares of MasterCard in a research note to investors on Monday. They now have a $550.00 price target on the stock. Twenty-seven analysts have rated the stock with a buy rating, one has given an overweight rating, seven have given a hold rating, and one has assigned a sell rating to the company. The stock currently has a consensus rating of ?overweight? and a consensus price target of $550.10.
MasterCard Incorporated (MasterCard) is a global payments and technology company that connects consumers, financial institutions, merchants, Governments and businesses worldwide, enabling them to use electronic forms of payment instead of cash and checks.