Paypoint plc (LON:PAY) had its target price upped by investment analysts at Canaccord Genuity from GBX 1,063 ($13.28) to GBX 1,162 ($14.52) in a research note issued to investors on Thursday. The firm presently has a “buy” rating on the stock. Canaccord Genuity’s price target suggests a potential upside of 10.67% from the company’s previous close.

Several other research firms have also recently weighed in on PAY. Numis Securities Ltd reiterated a “hold” rating and set a GBX 879 ($10.98) price objective on shares of Paypoint plc in a report on Thursday, September 29th. Liberum Capital reiterated 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 reiterated an “equal weight” rating and set a GBX 890 ($11.12) price objective on shares of Paypoint plc in a report on Friday, July 29th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 877 ($10.96) price objective on shares of Paypoint plc in a report on Friday, July 29th. Finally, Jefferies Group reiterated a “buy” rating and set a GBX 1,250 ($15.62) price objective on shares of Paypoint plc in a report on Thursday, September 29th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Paypoint plc presently has an average rating of “Hold” and an average target price of GBX 1,068 ($13.34).

Analyst Recommendations for Paypoint plc (LON:PAY)

Paypoint plc (LON:PAY) opened at 1041.40 on Thursday. Paypoint plc has a one year low of GBX 700.00 and a one year high of GBX 1,176.51. The firm’s market cap is GBX 709.11 million. The firm’s 50-day moving average price is GBX 1,076.22 and its 200 day moving average price is GBX 992.74.

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

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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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