Paypoint plc’s (PAY) Equal Weight Rating Reaffirmed at Barclays PLC
Barclays PLC reaffirmed their equal weight rating on shares of Paypoint plc (LON:PAY) in a research note released on Friday morning. They currently have a GBX 1,030 ($12.87) target price on the stock.
A number of other research analysts also recently commented on PAY. Liberum Capital reaffirmed a buy rating and issued a GBX 1,000 ($12.49) price target on shares of Paypoint plc in a report on Thursday, September 15th. 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, July 28th. Canaccord Genuity increased their price objective on shares of Paypoint plc from GBX 1,063 ($13.28) to GBX 1,162 ($14.52) and gave the stock a buy rating in a research report on Thursday. Jefferies Group reissued a buy rating and issued a GBX 1,250 ($15.62) price objective on shares of Paypoint plc in a research report on Thursday, September 29th. Finally, JPMorgan Chase & Co. reissued a neutral rating and issued a GBX 877 ($10.96) price objective 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 given a buy rating to the company’s stock. Paypoint plc currently has an average rating of Hold and an average target price of GBX 1,068 ($13.34).
Shares of Paypoint plc (LON:PAY) opened at 1024.50 on Friday. Paypoint plc has a 12 month low of GBX 700.00 and a 12 month high of GBX 1,176.51. The company’s market capitalization is GBX 697.60 million. The stock has a 50 day moving average price of GBX 1,076.22 and a 200-day moving average price of GBX 992.74.
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The firm also recently disclosed a dividend, which will be paid on Thursday, December 15th. Investors of record on Thursday, December 1st will be issued a dividend of GBX 27.20 ($0.34) per share. This represents a yield of 2.62%. The ex-dividend date of this dividend is Thursday, December 1st.
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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