In a report released today, Mayank Tandon from Needham maintained a Hold rating on ACI Worldwide (ACIW – Research Report). The company’s shares closed last Friday at $31.83.
According to TipRanks, Tandon is a 4-star analyst with an average return of 4.1% and a 43.70% success rate. Tandon covers the Technology sector, focusing on stocks such as WNS, ACI Worldwide, and Agilysys.
ACI Worldwide has an analyst consensus of Strong Buy, with a price target consensus of $38.60.
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ACIW market cap is currently $3.39B and has a P/E ratio of 28.66.
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ACI Worldwide (ACIW) Company Description:
ACI Worldwide, Inc. engages in the development, marketing, installation, and support of software products and solutions primarily focused on facilitating real-time electronic payments. It operates through the following segments: ACI on Premise and ACI on Demand.. The ACI on Premise segment serves customers who manage their software on site. The ACI on Demand segment covers the needs of banks, financial intermediaries, merchants, and corporates who use payments to facilitate their core business. The company was founded in 1975 and is headquartered in Naples, FL.
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