Paypoint plc (PAY) Given Hold Rating at Numis Securities Ltd
Paypoint plc (LON:PAY)‘s stock had its “hold” rating restated by equities research analysts at Numis Securities Ltd in a report issued on Thursday. They presently have a GBX 879 ($11.47) price objective on the stock. Numis Securities Ltd’s target price suggests a potential downside of 13.91% from the stock’s current price.
Other equities analysts also recently issued reports about the stock. Jefferies Group reiterated a “buy” rating and issued a GBX 1,250 ($16.32) target price on shares of Paypoint plc in a report on Thursday. Barclays PLC reiterated an “equal weight” rating and issued a GBX 890 ($11.62) target price on shares of Paypoint plc in a report on Friday, July 29th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 1,063 ($13.88) target price on shares of Paypoint plc in a report on Tuesday, July 26th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 877 ($11.45) target price on shares of Paypoint plc in a report on Friday, July 29th. Finally, Liberum Capital boosted their target price on shares of Paypoint plc from GBX 1,000 ($13.05) to GBX 1,100 ($14.36) and gave the stock a “buy” rating in a report on Wednesday, September 21st. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 998.86 ($13.04).
Paypoint plc (LON:PAY) opened at 1044.76 on Thursday. The stock’s market cap is GBX 711.40 million. The firm has a 50-day moving average of GBX 1,006.41 and a 200-day moving average of GBX 916.91. Paypoint plc has a 1-year low of GBX 700.00 and a 1-year high of GBX 1,071.70.
About Paypoint plc
PayPoint plc is a United Kingdom-based holding company. Through its subsidiaries, the Company is engaged in providing clients with specialist consumer payment and other services and products, transaction processing and settlement. It offers payments for everyone from consumer and financial services companies to retailers, utilities, media, gaming and government clients.
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