Deutsche Bank analyst Bryan Keane maintains $MasterCard (MA.US)$ with a buy rating, and maintains the target price at $580.
According to TipRanks data, the analyst has a success rate of 58.3% and a total average return of 6.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $MasterCard (MA.US)$'s main analysts recently are as follows:
MasterCard's spending patterns have remained robust up to October, and the potential for growth in international travel may offer additional modest benefits. However, it has been observed that financial year 2025 may present complexities due to the overlapping of client acquisitions and an anticipated increase in tax rates. Consequently, this has led to a revision of the FY25 EPS forecast, taking into account the adjustments for taxes in light of the Singapore Pillar II global minimum tax regulations.
The company has reported a strong quarter with robust key spend metrics. Nevertheless, the positive outcomes were somewhat eclipsed by discussions related to a possible rise in tax rate.
Following the earnings report, there is observed momentum for MasterCard as it approaches its analyst day.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
