Wells Fargo on Thursday, December 15th, issued a research report on Mastercard Inc. (MA:NYE) lifting the 12-month MA stock price target to $405 from $365 per share. The analyst maintained the “Overweight” rating on Mastercard.
MA Stock Forecast & Price:
According to the stock projections for Mastercard Inc. provided by 24 different analysts, the average analyst MA stock price target is now set at USD 400.46 for the next 12 months. The consensus recommendation among analysts for Mastercard Inc. is a “Strong Buy”.
The stock analysis performed by Stock Target Advisor on Mastercard, Inc. comes out as Slightly Bullish. This conclusion was reached after tallying 11 positive signs and 6 negative indications.
MA stock price was USD 357.51 when trading was last completed. Over the past week, the price of a share of Mastercard Inc. has increased by +2.90%, while over the past month, it has increased by +5.35%, and over the past year, it has increased by +4.98%.
Fundamental Analysis Score:
MA stock price analysis scores a bullish overall rating of 6.5 out of 10 for its stock fundamentals.
About Mastercard International Inc. (MA:NYE):
Transaction processing as well as other payment-related goods and services are offered in both the United States and worldwide by Mastercard Incorporated, a technology business that operates in both of these markets.
In addition to providing various products and services that are related to payments, it makes the processing of payment transactions, such as authorization, clearing, and settlement, easier to accomplish.
The company provides account holders, merchants, financial institutions, businesses, governments, and other organizations with integrated products and value-added services, such as programs that enable issuers to provide consumers with credits to defer payments; prepaid programs and management services; commercial credit and debit payment products and solutions; and payment products and solutions that allow its customers to access funds in deposit and other accounts.
For example, programs that enable issuers to provide consumers with credits to defer payments; prepaid programs and management services; commercial credit and debit payment products.
It also offers products and services with additional value, such as cyber and intelligence solutions for parties to transact, as well as proprietary insights, which are derived from the ethical use of consumer and merchant data services.
In addition, the company provides e-commerce merchants with solutions for analytics, test and learn, consultancy, managed services, loyalty, processing, and payment gateways.
In addition to that, it offers services in the areas of open banking and digital identity platforms. Under the MasterCard, Maestro, and Cirrus brand names, the corporation provides a variety of payment solutions and services.
The company that would become known as Mastercard was established in 1966 and has its headquarters in Purchase, New York.
