Paypoint plc (PAY) Given New GBX 950 Price Target at Numis Securities Ltd
Paypoint plc (LON:PAY) had its price target raised by Numis Securities Ltd from GBX 879 ($10.98) to GBX 950 ($11.87) in a research note published on Thursday. Numis Securities Ltd currently has a hold rating on the stock.
PAY has been the subject of several other research reports. Jefferies Group restated a buy rating and set a GBX 1,250 ($15.62) price target on shares of Paypoint plc in a research note on Thursday, September 29th. JPMorgan Chase & Co. restated a neutral rating and set a GBX 877 ($10.96) price target on shares of Paypoint plc in a research note on Friday, July 29th. Barclays PLC upped 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 research note on Monday, October 17th. Canaccord Genuity upped 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 research note on Thursday. Finally, Liberum Capital upped their price target on Paypoint plc from GBX 1,000 ($12.49) to GBX 1,100 ($13.74) and gave the stock a buy rating in a research note on Wednesday, September 21st. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Paypoint plc has a consensus rating of Hold and an average target price of GBX 1,068 ($13.34).
Paypoint plc (LON:PAY) opened at 1042.00 on Thursday. The firm has a 50-day moving average price of GBX 1,076.46 and a 200-day moving average price of GBX 992.45. Paypoint plc has a one year low of GBX 700.00 and a one year high of GBX 1,176.51. The stock’s market cap is GBX 709.52 million.
The firm also recently announced a dividend, which will be paid on Thursday, December 15th. Investors of record on Thursday, December 1st will be given a dividend of GBX 27.20 ($0.34) per share. The ex-dividend date is Thursday, December 1st. This represents a yield of 2.62%.
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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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