Paypoint plc (PAY) Given Buy Rating at Liberum Capital
Paypoint plc (LON:PAY)‘s stock had its “buy” rating reiterated by Liberum Capital in a research note issued to investors on Friday. They presently have a GBX 1,100 ($14.36) price target on the stock. Liberum Capital’s price objective would indicate a potential upside of 4.86% from the company’s previous close.
Other analysts have also recently issued reports about the company. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 879 ($11.47) price objective on shares of Paypoint plc in a report on Thursday. Jefferies Group reaffirmed a “buy” rating and set a GBX 1,250 ($16.32) price objective on shares of Paypoint plc in a report on Thursday. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 890 ($11.62) price objective on shares of Paypoint plc in a report on Friday, July 29th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 1,063 ($13.88) price objective on shares of Paypoint plc in a report on Tuesday, July 26th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 877 ($11.45) price objective on shares of Paypoint plc in a report on Friday, July 29th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 998.86 ($13.04).
Shares of Paypoint plc (LON:PAY) opened at 1027.00 on Friday. The company’s market cap is GBX 699.30 million. The company has a 50-day moving average of GBX 1,008.36 and a 200 day moving average of GBX 917.31. Paypoint plc has a 12-month low of GBX 700.00 and a 12-month high of GBX 1,071.70.
Paypoint plc Company Profile
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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