According to The Fly, pacific Crest analyst Josh Beck reiterated a Buy rating on Alliance Data Sys. (NYSE: ADS) yesterday and set a price target of $250. The company’s shares closed yesterday at $228.85.
Beck noted, “We remain Overweight but need better visibility into credit dynamics before more heavily weighting the bull case of $300.”
According to TipRanks.com, Beck is a 1-star analyst with an average return of -2.2% and a 64.7% success rate. Beck covers the Technology sector, focusing on stocks such as Synchronoss Technologies, LendingClub Corp, and Cisco Systems.
Alliance Data Sys. has an analyst consensus of Moderate Buy, with a price target consensus of $246
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Alliance Data Sys.`s market cap is currently $13.5B and has a P/E ratio of 25.75. The company has a book value ratio of 7.7545%.
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is neutral on the stock. Last month, Bruce K. Anderson, a a Director at ADS sold 354 shares for a total of $78,482.
Alliance Data Systems Corp. provides data-driven and transaction-based marketing and customer loyalty solutions. The company operates through three reportable business segments: LoyaltyOne, Epsilon, and Private Label Services & Credit. The LoyaltyOne segment provides marketing services and also designs, builds, and maintains both standalone loyalty programs for individual clients, and coalition loyalty programs, including the AIR MILES Reward Program. This segment products and services include AIR MILES reward program, loyalty services, loyalty consulting, customer analytics, and creative services. The Epsilon segment provides integrated direct marketing solutions that combine database marketing technology and analytics with a broad range of direct marketing services, including email marketing campaigns. This segment products and services include marketing services, marketing database services, analytical services, strategic consulting and creative services, proprietary data services, and digital communications. The Private Label Services & Credit segment provides risk management solutions, account origination, funding, transaction processing, customer care and collections services for the company’s private label retail credit card programs. This segment products and services include processing services, new account processing, bill processing, remittance processing and customer care, private label receivables financing, underwriting and risk management and receivables funding. Alliance Data Systems primary markets include retail, financial services, hospitality, healthcare, consumer packaged goods, grocery, and pharmaceutical. The company was founded in 1996 and is headquartered in Plano, TX.
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