Visa (NYSE:V) had its target price lifted by SunTrust from $205.00 to $225.00 in a research note released on Friday morning, StockRatingsNetwork.com reports. They currently have a buy rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Pacific Crest raised their price target on shares of Visa from $180.00 to $205.00 in a research note to investors on Friday. They now have an outperform rating on the stock. Separately, analysts at Wedbush raised their price target on shares of Visa from $145.00 to $185.00 in a research note to investors on Thursday, July 25th. They now have a neutral rating on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Visa to $210.00 in a research note to investors on Thursday, July 25th. They now have an outperform rating on the stock.
Eleven research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Visa has a consensus rating of Buy and a consensus price target of $197.69.
Shares of Visa (NYSE: V) opened at 191.97 on Friday. Visa has a 52 week low of $125.81 and a 52 week high of $196.00. The stock’s 50-day moving average is currently $185.9. The company has a market cap of $123.8 billion and a P/E ratio of 23.33.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, September 4th. Investors of record on Friday, August 16th will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 0.69%. The ex-dividend date is Wednesday, August 14th.
Visa Inc (NYSE: V) is a global payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories to fast, secure and reliable electronic payments.