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FleetCor Technologies, Inc. (FLT) [hlAlert]

Rating:
Overweight
FLT
up 52.61 %

FleetCor Technologies, Inc. (FLT) rated Overweight with price target $180 by Barclays

Posted on: Friday,  May 1, 2015  1:25 PM ET by Barclays

Barclays rated Overweight FleetCor Technologies, Inc. (NYSE: FLT) on 05/01/2015. Previously Barclays rated Overweight FleetCor Technologies, Inc. (NYSE: FLT) on 08/02/2013.,
when the stock price was $99.08. Since then, FleetCor Technologies, Inc. has gained 52.61% as of 01/27/2016's recent price of $151.21.
If you would have followed the previous Barclays's recommendation on FLT, you would have gained 52.61% of your investment in 908 days.

Fleetcor Technologies, Inc. (FleetCor) is an independent global provider of specialized payment products and services to businesses, commercial fleets, oil companies, petroleum marketers and government entities in 18 countries in North America, Europe, Africa and Asia. FleetCor operates in two segments: North American and International segments. The Company provides its payment products and services in a range to create customized payment solutions for the customers and partners. It also uses third-party networks to deliver its payment programs and services in order to broaden its card acceptance and use. To support its payment products, the Company also provides a range of services, such as issuing and processing, as well as specialized information services that provide its customers with value-added functionality and data. In December 2011, it acquired AllStar Business Solutions Limited from The Arval Group.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/1/2015 1:25 PM Buy
None
158.91 180.00
as of 8/27/2015
1 Week down  -3.52 %
1 Month down  -6.65 %
3 Months down  -2.36 %
1 YTD up  29.05 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/27/2014 12:25 PM Buy
None
130.84 150.00
9/11/2013 1:25 PM Buy
None
108.33 120.00
8/2/2013 2:25 PM Buy
None
99.08 115.00

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