Barclays Reiterates Equal weight Rating for Paypoint plc (PAY)
Paypoint plc (LON:PAY)‘s stock had its “equal weight” rating restated by stock analysts at Barclays in a report issued on Tuesday. They currently have a GBX 1,075 ($18.44) price objective on the stock. Barclays’ price target would suggest a potential downside of 2.89% from the stock’s previous close.
PAY has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Paypoint plc in a research note on Monday, June 23rd. They now have a GBX 1,400 ($24.01) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Paypoint plc in a research note on Friday, June 13th. They now have a GBX 1,055 ($18.10) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Paypoint plc in a research note on Tuesday, June 3rd. They now have a GBX 1,055 ($18.10) price target on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 1,096 ($18.80).
Shares of Paypoint plc (LON:PAY) traded down 1.16% on Tuesday, hitting GBX 1107.00. 32,032 shares of the company’s stock traded hands. Paypoint plc has a 1-year low of GBX 972.5001 and a 1-year high of GBX 1216.00. The stock has a 50-day moving average of GBX 1103.43 and a 200-day moving average of GBX 1118.. The company’s market cap is £751.6 million.
The company also recently announced a dividend, which is scheduled for Thursday, July 24th. Shareholders of record on Wednesday, June 25th will be paid a dividend of GBX 23.90 ($0.41) per share. This represents a dividend yield of 2.26%. The ex-dividend date is Wednesday, June 25th.
PayPoint plc is a United holding company. The Company and its subsidiaries are engaged in providing clients with specialist consumer payment transaction processing and settlement.
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