Directcash Payments Stock Rating Reaffirmed by Acumen Capital (DCI)
Directcash Payments (TSE:DCI)‘s stock had its “buy” rating reaffirmed by equities researchers at Acumen Capital in a research report issued on Thursday, AmericanBankingNews.com reports. They currently have a C$24.00 price target on the stock, down from their previous price target of C$25.90. Acumen Capital’s price target indicates a potential upside of 51.13% from the company’s current price.
Separately, analysts at BMO Capital Markets cut their price target on shares of Directcash Payments from C$20.00 to C$16.50 in a research note on Tuesday, March 25th. They now have a “market perform” rating on the stock.
Shares of Directcash Payments (TSE:DCI) traded down 1.57% on Thursday, hitting $15.63. 53,961 shares of the company’s stock traded hands. Directcash Payments has a 1-year low of $12.39 and a 1-year high of $26.79. The stock’s 50-day moving average is $14.51 and its 200-day moving average is $16.97. The company has a P/E ratio of 83.58.
The company also recently declared a may 14 dividend, which is scheduled for Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $0.115 per share.
DirectCash Payments Inc (TSE:DCI) is a provider of automated teller machines (ATMs), debit terminals and prepaid products in Canada.
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