Tim Watkin-Rees Buys 12 Shares of Paypoint plc (PAY) Stock
Paypoint plc (LON:PAY) insider Tim Watkin-Rees bought 12 shares of the business’s stock in a transaction dated Thursday, September 22nd. The stock was purchased at an average price of GBX 1,034 ($13.50) per share, with a total value of £124.08 ($161.96).
Shares of Paypoint plc (LON:PAY) traded up 0.39% during mid-day trading on Thursday, hitting GBX 1024.00. 36,104 shares of the company were exchanged. The firm’s market capitalization is GBX 697.26 million. The company’s 50-day moving average price is GBX 1,003.81 and its 200-day moving average price is GBX 906.29. Paypoint plc has a 12-month low of GBX 700.00 and a 12-month high of GBX 1,071.70.
A number of research analysts have recently issued reports on the stock. Liberum Capital lifted their target price on shares of Paypoint plc from GBX 1,000 ($13.05) to GBX 1,100 ($14.36) and gave the company a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. reiterated 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 reiterated 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. Canaccord Genuity reiterated a ” buy” rating on shares of Paypoint plc in a research note on Tuesday, June 7th. Finally, Numis Securities Ltd reiterated 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. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Paypoint plc currently has a consensus rating of “Hold” and an average target price of GBX 977.43 ($12.76).
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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.
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