Paypoint plc’s (PAY) Buy Rating Reaffirmed at Jefferies Group
Paypoint plc (LON:PAY)‘s stock had its “buy” rating reissued by Jefferies Group in a note issued to investors on Thursday. They currently have a GBX 1,250 ($16.32) target price on the stock. Jefferies Group’s target price would indicate a potential upside of 22.43% from the company’s current price.
Several other equities analysts have also recently issued reports on PAY. Canaccord Genuity reiterated a “buy” rating and set a GBX 1,063 ($13.88) price target on shares of Paypoint plc in a research report on Tuesday, July 26th. Liberum Capital reiterated a “buy” rating and set a GBX 1,000 ($13.05) price target on shares of Paypoint plc in a research report on Thursday, September 15th. Numis Securities Ltd reiterated a “hold” rating and set a GBX 879 ($11.47) price target on shares of Paypoint plc in a research report on Thursday, July 28th. Barclays PLC reiterated an “equal weight” rating and set a GBX 890 ($11.62) price target on shares of Paypoint plc in a research report on Friday, July 29th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 877 ($11.45) price target on shares of Paypoint plc in a research report on Friday, July 29th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 998.86 ($13.04).
Shares of Paypoint plc (LON:PAY) opened at 1021.00 on Thursday. The stock has a 50 day moving average price of GBX 1,006.41 and a 200-day moving average price of GBX 916.91. The company’s market capitalization is GBX 695.22 million. Paypoint plc has a one year low of GBX 700.00 and a one 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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