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Analysts at Barclays started coverage on shares of Optimal Payments Plc (LON:OPAY) in a research report issued to clients and investors on Monday, AnalystRatingsNetwork reports. The firm set an “overweight” rating and a GBX 525 ($8.82) price target on the stock. Barclays’ price objective would suggest a potential upside of 43.93% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Edison Group reiterated a “positive” rating on shares of Optimal Payments Plc in a research note on Friday, April 4th. Separately, analysts at Berenberg Bank reiterated a “buy” rating on shares of Optimal Payments Plc in a research note on Monday, March 31st. They now have a GBX 520 ($8.74) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Optimal Payments Plc in a research note on Friday, March 28th. They now have a GBX 600 ($10.08) price target on the stock. Five investment analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average price target of GBX 555 ($9.32).

Shares of Optimal Payments Plc (LON:OPAY) opened at 365.25 on Monday. Optimal Payments Plc has a 52 week low of GBX 127.00 and a 52 week high of GBX 519.50. The stock’s 50-day moving average is GBX 400.2 and its 200-day moving average is GBX 369.6.

Optimal Payments 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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