In a report released today, Jeff Cantwell from Seaport Global maintained a Buy rating on Shift4 Payments (FOUR – Research Report), with a price target of $74.60. The company’s shares closed yesterday at $76.83.
Cantwell covers the Technology sector, focusing on stocks such as Shopify, Shift4 Payments, and ACI Worldwide. According to TipRanks, Cantwell has an average return of 3.9% and a 57.63% success rate on recommended stocks.
In addition to Seaport Global, Shift4 Payments also received a Buy from D.A. Davidson’s Peter Heckmann in a report issued today. However, on the same day, Morgan Stanley maintained a Hold rating on Shift4 Payments (NYSE: FOUR).
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FOUR market cap is currently $6.18B and has a P/E ratio of 43.46.
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FOUR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Shift4 Payments (FOUR) Company Description:
Shift4 Payments Inc is provider of integrated payment processing and technology solutions. The company offers software providers a single integration to an end-to-end payments offering, a powerful gateway and a robust suite of technology solutions (including cloud enablement, business intelligence, analytics, and mobile) to enhance the value of their software suites and simplify payment acceptance. The Shift4 Model is built to serve a range of merchants from small-to-medium-sized businesses to large and complex enterprises across numerous verticals, including lodging, leisure, and food and beverage.
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