Paypoint plc (LON:PAY) had its price target upped by equities researchers at Liberum Capital from GBX 1,000 ($13.05) to GBX 1,100 ($14.36) in a note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. Liberum Capital’s target price would indicate a potential upside of 7.84% from the stock’s previous close.

A number of other equities research analysts have also recently commented on PAY. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 877 ($11.45) target price on shares of Paypoint plc in a research note on Friday, July 29th. Barclays PLC reissued an “equal weight” rating and issued a GBX 890 ($11.62) target price on shares of Paypoint plc in a research note on Friday, July 29th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 879 ($11.47) target price on shares of Paypoint plc in a research note on Thursday, July 28th. Finally, Canaccord Genuity reissued a “buy” rating and issued a GBX 1,063 ($13.88) target price on shares of Paypoint plc in a research note on Tuesday, July 26th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 977.43 ($12.76).

Analyst Recommendations for Paypoint plc (LON:PAY)

Paypoint plc (LON:PAY) traded up 1.09% on Wednesday, reaching GBX 1020.00. The company’s stock had a trading volume of 225,777 shares. The stock’s market cap is GBX 694.54 million. The stock has a 50-day moving average of GBX 1,003.81 and a 200-day moving average of GBX 906.29. Paypoint plc has a one year low of GBX 700.00 and a one year high of GBX 1,071.70.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/paypoint-plc-pay-pt-raised-to-gbx-1100-at-liberum-capital.html

Paypoint plc Company Profile

PayPoint plc is a United Kingdom-based holding company. Through its subsidiaries, the Company is engaged in providing clients with specialist consumer payment and other services and products, transaction processing and settlement. It offers payments for everyone from consumer and financial services companies to retailers, utilities, media, gaming and government clients.

Receive News & Ratings for Paypoint plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paypoint plc and related companies with MarketBeat.com's FREE daily email newsletter.