Mastercard Incorporated (NYSE:MA) – Stock analysts at Wedbush cut their Q4 2021 earnings estimates for Mastercard in a research note issued to investors on Monday, December 20th. Wedbush analyst M. Katri now forecasts that the credit services provider will post earnings of $2.19 per share for the quarter, down from their prior forecast of $2.24. Wedbush currently has a “Outperform” rating and a $380.00 target price on the stock. Wedbush also issued estimates for Mastercard’s Q4 2022 earnings at $2.84 EPS.
MA has been the topic of several other research reports. Royal Bank of Canada cut their price target on shares of Mastercard from $412.00 to $403.00 and set an “outperform” rating on the stock in a report on Friday, October 29th. Morgan Stanley dropped their target price on shares of Mastercard from $451.00 to $448.00 and set an “overweight” rating on the stock in a report on Friday, October 29th. Wells Fargo & Company upped their price target on shares of Mastercard from $400.00 to $430.00 and gave the stock an “overweight” rating in a research note on Thursday, November 11th. UBS Group started coverage on shares of Mastercard in a research note on Thursday, November 18th. They issued a “buy” rating and a $448.00 price target on the stock. Finally, Mizuho upped their price target on shares of Mastercard from $450.00 to $465.00 and gave the stock a “buy” rating in a research note on Monday, November 15th. Two investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $427.05.
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Shares of NYSE MA opened at $337.02 on Tuesday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 1.95. Mastercard has a 52 week low of $306.00…
