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

Equities researchers at StockNews.com assumed coverage on shares of Fiserv (NASDAQ:FISV) in a research note issued to investors on Saturday. The firm set a “buy” rating on the stock.

Fiserv Price Performance

Shares of FISV opened at $214.61 on Friday. The stock has a 50 day simple moving average of $218.86. The firm has a market cap of $134.80 billion, a PE ratio of 56.63 and a beta of 0.86. Fiserv has a 12-month low of $87.03 and a 12-month high of $122.39.

Fiserv Company Profile

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.