Alliance Data Systems Corporation (NYSE:ADS) Rating Reiterated by Jefferies Group LLC

Alliance Data Systems Corporation (NYSE:ADS)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Group LLC in a research report issued on Friday. They currently have a $270.00 price objective on the business services provider’s stock. Jefferies Group LLC’s price target suggests a potential upside of 3.03% from the stock’s previous close.

A number of other research firms also recently issued reports on ADS. Zacks Investment Research downgraded shares of Alliance Data Systems Corporation from a “buy” rating to a “hold” rating in a research report on Friday. Oppenheimer Holdings, Inc. set a $185.00 target price on shares of Alliance Data Systems Corporation and gave the stock a “sell” rating in a research report on Thursday, April 20th. Barclays PLC increased their target price on shares of Alliance Data Systems Corporation from $255.00 to $285.00 and gave the stock an “overweight” rating in a research report on Friday, April 21st. Argus assumed coverage on shares of Alliance Data Systems Corporation in a research report on Thursday, July 13th. They set a “buy” rating and a $309.00 target price for the company. Finally, BidaskClub raised shares of Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 23rd. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $248.79.

Alliance Data Systems Corporation (NYSE:ADS) opened at 262.07 on Friday. Alliance Data Systems Corporation has a one year low of $193.67 and a one year high of $266.25. The firm has a market cap of $14.59 billion, a PE ratio of 34.78 and a beta of 1.77. The company has a 50 day moving average of $246.61 and a 200-day moving average of $241.75.

Alliance Data Systems Corporation (NYSE:ADS) last announced its quarterly earnings data on Thursday, April 20th. The business services provider reported $3.91 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $3.64 by $0.27. The business had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.81 billion. Alliance Data Systems Corporation had a net margin of 6.88% and a return on equity of 57.03%. The company’s revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the firm posted $3.84 EPS. On average, equities research analysts predict that Alliance Data Systems Corporation will post $18.54 earnings per share for the current year.

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A number of hedge funds have recently modified their holdings of ADS. Principal Financial Group Inc. increased its stake in shares of Alliance Data Systems Corporation by 0.8% in the first quarter. Principal Financial Group Inc. now owns 89,131 shares of the business services provider’s stock valued at $22,194,000 after buying an additional 673 shares during the period. RMB Capital Management LLC increased its stake in shares of Alliance Data Systems Corporation by 11.9% in the first quarter. RMB Capital Management LLC now owns 104,705 shares of the business services provider’s stock valued at $26,071,000 after buying an additional 11,105 shares during the period. Jane Street Group LLC purchased a new stake in shares of Alliance Data Systems Corporation during the first quarter valued at about $698,000. Swiss National Bank increased its stake in shares of Alliance Data Systems Corporation by 13.9% in the first quarter. Swiss National Bank now owns 186,398 shares of the business services provider’s stock valued at $46,413,000 after buying an additional 22,800 shares during the period. Finally, Oxford Asset Management increased its stake in shares of Alliance Data Systems Corporation by 28.4% in the first quarter. Oxford Asset Management now owns 84,625 shares of the business services provider’s stock valued at $21,072,000 after buying an additional 18,716 shares during the period. 99.01% of the stock is owned by institutional investors.

About Alliance Data Systems Corporation

Alliance Data Systems Corporation is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a range of industries. The Company offers a portfolio of integrated outsourced marketing solutions, including customer loyalty programs, database marketing services, end-to-end marketing services, analytics and creative services, direct marketing services, and private label and co-brand retail credit card programs.

Analyst Recommendations for Alliance Data Systems Corporation (NYSE:ADS)

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