Berenberg Bank Reiterates “Buy” Rating for Optimal Payments Plc (OPAY)
Optimal Payments Plc (LON:OPAY)‘s stock had its “buy” rating reiterated by Berenberg Bank in a research note issued on Friday. They currently have a GBX 520 ($8.83) price objective on the stock. Berenberg Bank’s price objective points to a potential upside of 32.11% from the company’s current price.
A number of other analysts have also recently weighed in on OPAY. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Optimal Payments Plc in a research note on Wednesday, May 21st. They now have a GBX 575 ($9.76) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Optimal Payments Plc in a research note on Wednesday, May 21st. They now have a GBX 600 ($10.19) price target on the stock. Finally, analysts at Barclays initiated coverage on shares of Optimal Payments Plc in a research note on Monday, April 28th. They set an “overweight” rating and a GBX 525 ($8.91) price target on the stock. Five analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average target price of GBX 555 ($9.42).
Optimal Payments Plc (LON:OPAY) traded up 1.25% on Friday, hitting GBX 393.6248. 567,657 shares of the company’s stock traded hands. Optimal Payments Plc has a 52 week low of GBX 157.50 and a 52 week high of GBX 519.50. The stock has a 50-day moving average of GBX 372.0 and a 200-day moving average of GBX 389.2.
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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