Optimal Payments Plc Given New GBX 450 Price Target at Numis Securities Ltd (OPAY)
Analysts at Numis Securities Ltd raised their price objective on shares of Optimal Payments Plc (LON:OPAY) from GBX 350 ($5.74) to GBX 450 ($7.38) in a research report issued to clients and investors on Thursday, American Banking & Market News reports. The firm currently has a “buy” rating on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 23.59% from the company’s current price.
Optimal Payments Plc (LON:OPAY) opened at 400.00 on Thursday. Optimal Payments Plc has a 52-week low of GBX 115.90 and a 52-week high of GBX 370.00. The stock’s 50-day moving average is GBX 334.7 and its 200-day moving average is GBX 259.2.
Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Optimal Payments Plc in a research note to investors on Tuesday, December 3rd. They now have a GBX 380 ($6.23) price target on the stock.
Optimal Payments Plc, formerly NEOVIA Financial Plc, is a holding company. The Company provides services to businesses and individuals to allow the processing of direct debit, electronic cheque and credit card payments.
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