Visa Inc. (NYSE:V) retreated -2.31% and closed its last session at $77.32. The stock has the market capitalization of $180.89 Billion with the total outstanding shares of 2.34 Billion. Visa Inc.. has Analysts’ Mean Recommendation of 1.6 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 37.46 for trailing twelve months while its Forward P/E is 20.13.

Visa Inc. (NYSE:V) touched its 52-Week High of $83.96 on Nov 10, 2016 while it’s 52-Week Low of $66.12 on Feb 9, 2016. The company currently has Return on Assets of 10 percent, Return on Equity of 20% and Return on Investment of 13.6 percent. The stock currently showing Weekly Volatility of 1.39%% and Monthly Volatility of 1.82% Percent with Average True Range of 1.41 and Beta of 0.96.

The 31 analysts offering 12-month price forecasts for Visa have a median target of 94.00, with a high estimate of 104.00 and a low estimate of 76.00. The median estimate represents a +21.57% increase from the last price of 77.32.

Press Release:

The Company on 22 November modified and clarified existing debit network routing rules to help merchants and acquirers better understand implementation options related to the adoption of EMV chip technology in the U.S. The modifications and clarifications follow new guidance recently issued from the Federal Reserve and address a Federal Trade Commission inquiry.

With Visa chip cards, debit routing and processing are enabled by two payment application identifiers (AIDs) on the chip – the U.S. Common Debit AID or the Visa Debit AID. The Common Debit AID can support any of the more than one dozen domestic debit networks that issuers can choose to offer in addition to Visa Debit. This provides merchants with the ability to select the network over which a debit transaction is processed or routed.

Visa is providing additional clarification that merchants can use the Common Debit AID exclusively to route U.S. debit transactions if they choose. Merchants are also not required to ask the cardholder to choose the AID or network for processing debit transactions. Merchants can continue to automatically ask, or prompt, a Visa cardholder to enter a PIN on in-person transactions, provided the cardholder can still use their card without a PIN if they prefer.

Company Profile:

VISA operates the world’s largest retail electronic payments network and is one of the most recognized global financial services brands. Visa facilitates global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities.