Paypoint plc (LON:PAY) had its price objective hoisted by equities researchers at JPMorgan Chase & Co. from GBX 877 ($10.96) to GBX 1,051 ($13.13) in a report released on Friday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 1.06% from the stock’s current price.

PAY has been the subject of several other reports. Liberum Capital reissued a “buy” rating and set a GBX 1,100 ($13.74) price objective on shares of Paypoint plc in a report on Friday, September 30th. Barclays PLC raised their price target on Paypoint plc from GBX 890 ($11.12) to GBX 1,030 ($12.87) and gave the stock an “equal weight” rating in a report on Monday, October 17th. Jefferies Group reaffirmed a “buy” rating and issued a GBX 1,250 ($15.62) price target on shares of Paypoint plc in a report on Thursday, September 29th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 879 ($10.98) price target on shares of Paypoint plc in a report on Thursday, September 29th. Finally, Canaccord Genuity raised their price target on Paypoint plc from GBX 1,063 ($13.28) to GBX 1,162 ($14.52) and gave the stock a “buy” rating in a report on Thursday. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 1,068 ($13.34).

Analyst Recommendations for Paypoint plc (LON:PAY)

Shares of Paypoint plc (LON:PAY) opened at 1034.00 on Friday. The company’s market cap is GBX 704.07 million. Paypoint plc has a 12 month low of GBX 700.00 and a 12 month high of GBX 1,176.51. The company’s 50-day moving average price is GBX 1,076.46 and its 200-day moving average price is GBX 992.45.

The firm also recently disclosed a dividend, which will be paid on Thursday, December 15th. Investors of record on Thursday, December 1st will be given a GBX 27.20 ($0.34) dividend. The ex-dividend date of this dividend is Thursday, December 1st. This represents a dividend yield of 2.62%.

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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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