Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Shares of Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) have received a consensus recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has issued a strong buy recommendation on the company.

Several research firms have weighed in on ADYEY. Loop Capital initiated coverage on Adyen in a research note on Wednesday, July 15th. They issued a “hold” rating on the stock. Scotiabank started coverage on Adyen in a research report on Wednesday, September 2nd. They set an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Adyen in a research report on Friday, August 14th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Adyen in a research note on Friday, August 14th. Finally, Wolfe Research reiterated an “outperform” rating on shares of Adyen in a research report on Tuesday, August 25th.

Adyen Trading Down 0.4%

OTCMKTS ADYEY opened at $10.52 on Friday. The stock has a 50-day simple moving average of $10.93 and a 200 day simple moving average of $10.48. Adyen has a 12 month low of $8.93 and a 12 month high of $18.34.

Adyen Company Profile

Adyen N.V. is a Netherlands-based financial technology company that provides a global payments platform for businesses. Its technology enables merchants to accept payments through online, mobile and in-person channels using cards, digital wallets, bank-based payment methods and other local options.

The company offers payment processing and acquiring services, as well as tools for fraud prevention, authentication, payment optimization and reporting. Adyen also provides unified commerce capabilities that connect online and physical retail transactions, along with financial products such as business accounts, card issuing and embedded financial services.

Founded in Amsterdam in 2006 by Pieter van der Does and Ingo Uytdehaage, Adyen serves international and enterprise customers across Europe, North America, Latin America, Asia-Pacific and other markets.