Paypoint plc’s Buy Rating Reiterated at Canaccord Genuity (PAY)
Paypoint plc (LON:PAY)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity in a note issued to investors on Thursday. They currently have a GBX 1,400 ($23.17) price objective on the stock. Canaccord Genuity’s target price indicates a potential upside of 26.58% from the stock’s previous close.
Shares of Paypoint plc (LON:PAY) opened at 1102.00 on Thursday. Paypoint plc has a 52 week low of GBX 972.5001 and a 52 week high of GBX 1212.00. The stock has a 50-day moving average of GBX 1059.43 and a 200-day moving average of GBX 1114.93. The company’s market cap is £748.2 million.
PAY has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “equal weight” rating on shares of Paypoint plc in a research note on Thursday, July 24th. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Paypoint plc in a research note on Wednesday, July 23rd. They now have a GBX 1,193 ($19.74) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “sell” rating on shares of Paypoint plc in a research note on Tuesday, July 22nd. They now have a GBX 800 ($13.24) price target on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 1,093.60 ($18.10).
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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