Visa Stock Receives Consensus 'Buy' Rating from Analysts

The payment technology company Visa Inc. (NYSE: V) has received an average recommendation of 'Buy' from thirty-one analysts covering the stock, according to Marketbeat reports.

In their latest research notes and ratings updates, several major financial institutions have reaffirmed their positive views on Visa. Citigroup reissued a 'buy' rating with a $440 target price, up from $400, while Susquehanna reaffirmed its 'positive' rating and set a price objective of $427, also up from the previous target.

Visa's quarterly dividend was paid out on September 1st to investors who owned shares as of August 11th. The company's dividend payout ratio is currently at 22.79%, with an annualized yield of 0.7%.