Paysafe Group Plc (OPAY) Receives Consensus Recommendation of “Buy” from Brokerages
Shares of Paysafe Group Plc (LON:OPAY) have been assigned a consensus recommendation of “Buy” from the six analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 581 ($7.64).
Several research analysts have issued reports on OPAY shares. Macquarie increased their price target on Paysafe Group Plc from GBX 480 ($6.31) to GBX 590 ($7.76) and gave the stock a “neutral” rating in a report on Monday, July 24th. Barclays PLC reissued an “overweight” rating and issued a GBX 700 ($9.20) price objective on shares of Paysafe Group Plc in a research note on Wednesday, August 9th.
Paysafe Group Plc Company Profile
Paysafe Group plc (Paysafe), formerly Optimal Payments Plc, is a United Kingdom-based provider of digital payments and transaction-related solutions to businesses and consumers across the world. The Company’s segments are Digital Wallets, Payment Processing and Prepaid. The Company’s Digital Wallets segments’ fees are generated from transactions between members and merchants using the NETELLER service and Net+ prepaid cards, and the Skrill and Skrill prepaid cards.
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