Visa Inc. (NYSE:V) has received a consensus rating of “Moderate Buy” from the eighteen research firms covering the company, according to MarketBeat Ratings. Among these firms, four research analysts have rated the stock as a hold, while fourteen have issued a buy rating.
The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $282.70.
Recent reports from various brokerages have provided insights into Visa Inc.’s performance. StockNews.com initiated coverage on Visa’s shares with a “buy” rating. Additionally, KeyCorp raised their price target on Visa from $275.00 to $300.00, giving the company an “overweight” rating. UBS Group also increased their price objective on Visa from $295.00 to $305.00, maintaining a “buy” rating. Citigroup also raised their price target on Visa’s stock.
As the company continues to garner attention from analysts, the consensus rating of “Moderate Buy” indicates positive sentiment surrounding Visa Inc.’s performance and potential in the market.
