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ACI Worldwide Inc. (ACIW) [hlAlert]

up 16.60 %

ACI Worldwide Inc. (ACIW) rated Outperform with price target $22 by BMO Capital Markets

Posted on: Tuesday,  Jul 15, 2014  12:00 AM ET by BMO Capital Markets

BMO Capital Markets rated Outperform ACI Worldwide Inc. (NASDAQ: ACIW) on 07/15/2014, when the stock price was $18.07.
Since then, ACI Worldwide Inc. has gained 16.60% as of 01/07/2016's recent price of $21.07.
If you would have followed this BMO Capital Markets's recommendation on ACIW, you would have gained 16.6% of your investment in 541 days.

ACI Worldwide, Inc. (ACI or ACI Worldwide) develops, markets, installs and supports a line of software products and services primarily focused on facilitating electronic payments. In addition to its own products, the Company distributes, or acts as a sales agent for, software developed by third parties. These products and services are used principally by financial institutions, retailers and electronic payment processors, both in domestic and international markets. Most of the Company?s products are sold and supported through distribution networks covering three geographic regions: the Americas, Europe/Middle East/Africa (EMEA) and Asia/Pacific. Each distribution network has its own sales force that it supplements with independent reseller and/or distributor networks. The Company?s products are marketed under the ACI Worldwide brand. ACI offers five primary software product lines: Retail Payment Engines, Risk Management, Payments Management, Wholesale Payments and Application Services Solutions.

The U.S. Equity Research team comprises over 25 analysts located in New York, Atlanta, Boston, Denver, Houston and Los Angeles. We cover more than 375 stocks and also provide equity strategy, quantitative analysis and portfolio management services to our clients. Our goal is to identify the best sectors to invest in, and the best stocks within those sectors, in order to help our clients maximize their portfolio returns. Our award-winning analysts provide research that is informative, perceptive and actionable.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/15/2014 12:00 AM Buy
18.07 22.00
as of 10/17/2014
1 Week up  0.73 %
1 Month down  -6.71 %
3 Months up  2.24 %
1 YTD down  -1.60 %

(*) Stock Price at the time of the recommendation.
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