MasterCard (MA) Rating Downgrade

RBC Capital downgraded Mastercard (MA)’s Stock to Outperform rating from Top Pick. This rating change was issued to investors and clients in an analyst note today.

The firm’s rating downgrade is probably noticed by equity trades, as MA is at the moment trading 0.00% lower at $0.00 as of 12:04 AM New York time. MasterCard’s stock is 0% over the past 200 days. It has underperformed the Standard & Poor’s 500 index, which has surged 6.00% over the same time period.

According to data compiled by Thomson Reuters, MasterCard (MA)’s stock is covered by 30 equity analysts across the Street, with 2 analysts giving it a Sell rating, 30 a Buy rating, while 6 consider it a Hold. The 12-month consensus target price for the stock is $108.4, which reflects an upside potential of ∞% over the current price.

Institutional Ownership

MasterCard (MA) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. MasterCard has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.

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The post Equity Research Analysts at RBC Capital Decreased MasterCard (MA) from Top Pick to Outperform Rating appeared first on Octafinance.