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

Shares of Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) have received an average rating of “Buy” from the eleven research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company.

Several brokerages have recently weighed in on ADYEY. Wolfe Research restated an “outperform” rating on shares of Adyen in a research note on Tuesday, August 25th. Scotiabank started coverage on shares of Adyen in a research note on Wednesday, September 2nd. They set an “outperform” rating on the stock. Loop Capital upgraded shares of Adyen from a “hold” rating to a “buy” rating in a report on Thursday, October 29th. Jefferies Financial Group reissued a “buy” rating on shares of Adyen in a research report on Thursday, October 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Adyen in a research report on Friday, August 14th.

Adyen Stock Down 1.2%

Shares of OTCMKTS:ADYEY opened at $9.71 on Wednesday. The company has a 50 day moving average of $10.21 and a two-hundred day moving average of $10.77. Adyen has a 52-week low of $8.93 and a 52-week high of $17.20.

Adyen Company Profile

Adyen is a Netherlands-based financial technology company founded in Amsterdam in 2006. It provides a unified payments platform that helps businesses accept and manage payments across online, mobile and in-person channels. The platform combines payment processing and acquiring with tools for fraud prevention, transaction data and payment-method management. Adyen also offers point-of-sale solutions for in-store transactions, enabling merchants to manage payments across sales channels through a single system.